Bulls Price and Trend Working Together FREE Swing Trade Ideas

Bulls Price Trend Working Together

Bulls Price and Trend Working TogetherWe all love the market when the Bulls, price, and the trend are working together. For the swing trader, this is a dream come true.

The SPY has closed over the top t-line once again on the daily chart following the France vote and strong earnings. Yesterday’s candle pulled back slightly at the end of the day after walking into resistance. The hourly chart may be suggesting a little profit taking could be just around the corner. Below $238.40 today could be the profit taking trigger.

 

FREE Trade Idea – TWLO

TWLO 2-day chart – April 7 a Bullish Harami was printed creating a double bottom below the t-line bands. Follow through pushed price over the top t-line band and put the chart into a Rounded Bottom Breakout.

Note we bought TWLO yesterday.

 

Charts to Learn From – WYNN

WYNN –  Following our post to the HRC members in the trading room WYNN has rallied on a T-Line Run with only minor passes. We sold WYNN yesterday for a 29.88%

 

Members Swing Trade Ideas

We post to HRC members 10-15 swing trade ideas each day and post them in the member’s area of the website.

Subscribed members

10-15 trade ideas below –  for members only

 

What is a Trade Idea Watch List?

A trade idea watch list is a list of stocks that we feel will move in our desired direction over a swing trader’s time frame.  That time could be one to 30 days for example.

From that watchlist, we wait until price action meets our conditions for a trade.

The SPY is Painting a Bullish W Pattern FREE Swing Trade Ideas

The SPY is Painting a Bullish W Pattern on the 3-Day Chart

The SPY is Painting a Bullish W PatternsWith the help of the French election the SPY is painting a Bullish W Pattern (clearly seen on the 3-day chart), follow through is needed. Yesterday price also closed over the 50-SMA and the upper T-Line Band. And the closing price $237.17 in also back above the cloud.

The battle is not over; A bull-Bear winner has not stepped forward.

 

FREE Trade Idea – SEDG

SEDG – A Rounded Bottom Breakout Strategy, broke out above the 200-SMA setting up for a Bullish J-Hook Breakout. 3-day chart pictures a beautiful Morning Star that launch price back above the upper T-Line Band.

2-Hours of Private Coaching Can Change the Rest of YOUR LIFE

Charts to Learn From – IMGN

IMGN -  Following my post to our subscribers that IMGN was likely to move higher in the coming weeks, it moved 97% higher and is now showing signs of even moving higher from its current breakout. Note the Doji Continuation Pattern

 

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service

 

Members Trade Ideas Below

Members trade ideas below reserved for subscribed members

Scanned from Tc2000  |  10-15 trade ideas daily

 

What is a Trade Idea Watch List?

A trade idea watch list is a list of stocks that we feel will move in our desired direction over a swing trader's time frame.  That time could be one to 30 days for example.

From that watchlist, we wait until price action meets our conditions for a trade.

 

© 2007 - 2017 Hit & Run Candlesticks INC. - Right Way Options - Strategic Swing Trade Service - Trader Vision - All Rights Reserved. Terms of Service Investing and Trading involves significant financial risk and is not suitable for everyone. No communication from Rick Saddler, Doug

At Friday’s Close the Bears Lead Free Swing Trade Ideas

At Friday’s Close the Bears Lead

At Friday’s close, the Bears lead with the SPY closing below the 50-SMA and the T-Line below the 34-EMA.

The French election will likely dominate the market today and cause both the Bulls and Bears to flex their mussels, as you can see in the morning futures. The key will be the close as emotions calm down.  The first step is to see a close over the 50-SMA followed by a close over $236.50 then $237.55.

Keep your eyes on the charts; they will tell the story as it unfolds.

 

Due to technical issues, I could not finish the morning report.

Rick

Closing Above Upper T-Line Band Implies More Bulls Than Bears

Closing Above Upper T-Line Band Implies More Bulls Than Bears

Closing Above Upper T-Line Band Implies More Bulls Than BearsPrice closed above yesterday’s upper T-Line Band and just below the 50-sma @ $235.54. Closing above the upper T-Line Band implies more Bulls than Bears. From the April 13, low the Bulls have worked up 1.22%. Looking at the weekly chart, I see a Bullish Pricing candle followed by three inside candles and higher lows. $235.10 was an important number for the bulls, $236.50 followed by$237.80 will also be important for the Bulls to grab.

 

FREE Trade Idea – IPXL

IPXL – A Rounded Bottom Breakout Strategy, Bullish Inverted Head and Shoulder, PBO Bullish Morning Star, Support.

 

$WUBA up 24.62% on the HRC-RBB StrategyClick Here to Read More

Spotlight Trade – IMGN

IMGN is up 101.44% from the time we alerted our subscribers, as a trader can you find the chart patterns and signals that could have worked for you? Start with the HRC - (RBB) Rounded Bottom Breakout.

 

HRC - (RBB) Rounded Bottom Breakout

NEW YORK (TheStreet) — One of my favorite chart patterns is called the rounded bottom breakout pattern. The pattern was introduced to me by candlestick analyst Rick Saddler, who also coined the term “rounded-bottom breakout.” Rick also defined the criteria for the breakout. Once you know what to look for, it is very easy to spot and can be entered into any chart software scanner.

In order to find such a pattern in your charts, plot them with the 20-day simple moving average, the 34-day exponential moving average, 50-day simple moving average and the 200-day simple moving average.
Once you have these moving averages on your chart, the breakout is very easy to spot. I also plot the 8-day exponential moving average or t-line.
The t-line isn’t needed to spot the breakout, but it is useful in choosing an exit point once you are in a trade.

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service

 

Members Trade Ideas Below

A trade idea watch list is a list of stocks that we feel will move in our desired direction over a swing trader's time frame.  That time could be one to 30 days for example.

From that watch-list, we wait until price action meets our conditions for a trade.

Members trade ideas below reserved for subscribed members

Scanned from Tc2000  |  10-15 trade ideas daily

© 2007 - 2017 Hit & Run Candlesticks INC. - Right Way Options - Strategic Swing Trade Service - Trader Vision - All Rights Reserved. Terms of Service Investing and Trading involves significant financial risk and is not suitable for everyone. No communication from Rick Saddler, Doug Campbell or this website is not financial or trading advice. All information is intended for Educational Purposes Only.

 

Both T-Line bands below the 50-sma with a Bearish Engulf FREE Swing Trade Idea

Both T-Line bands below the 50-sma with a Bearish Engulf

Both T-Line bands below the 50-sma with a Bearish EngulfFrom a Bull’s Eye – SPY:

Both T-Line bands below the 50-sma with a Bearish Engulf, this is just another tell-tell sign the bears outnumber the Bulls. The SPY closed down .43 cents or .18% at $233.44, and the most recent low is $232.51

One of the factors in the SPY (market) being weak yesterday may have been because of oil dropping. USO – United States Oil Fund fell through its 200-sma on heavy volume after learning what resistance is all about at $11.26. Based on the USO chart I see price heading to about $10.25 and possibly lower.

 

FREE Trade Idea – ADHD

ADHD – A Rounded Bottom Breakout Strategy, that pulled back to a higher low with a Doji and a Hammer. Closed yesterday back over the RBB trigger. The past 6 days also formed a Bullish Rising pattern.

Learn More About the Blue Ice Failure

 

Spotlight Trade – X (short)

X has dropped 12.93% from the time we mentioned it to our members as a possible short trade idea.  After we had posted X as a short trade, it traded back up to the upper T-Line Band where failed and broke below the lower band. Where it now sits on the 200-sma. The X short trade is a perfect example of the Blue Ice Failure and the Bearish “h” pattern

 

Blue Ice Failure Pattern

Imagine someone falling through the ice, then trying to come back up to the hole they plunged through. On their way up, they bump up against the ice and then fall back down again. This is the analogy behind the Blue Ice Failure Pattern (a term coined by David Elliott).

In stock charting terminology, the Blue Ice is the blue colored 50-day simple moving average (50 SMA) and price is the subject taking the plunge. More specifically, price is falling, it approaches the 50 SMA and plunges down through it. Price finds support after the plunge and starts to rally toward the 50 SMA. Price reaches the 50 SMA area and tries to break up through it but bumps up against it and then falls back down again.

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service

 

Members Trade Ideas Below

Members trade ideas below reserved for subscribed members

Scanned from Tc2000  |  10-15 trade ideas daily

 

What is a Trade Idea Watch List?

A trade idea watchlist is a list of stocks that we feel will move in our desired direction over a swing trader's time frame.  That time could be one to 30 days for example.

From that watchlist, we wait until price action meets our conditions for a trade.

© 2007 - 2017 Hit & Run Candlesticks INC. - Right Way Options - Strategic Swing Trade Service - Trader Vision - All Rights Reserved. Terms of Service Investing and Trading involves significant financial risk and is not suitable for everyone. No communication from Rick Saddler, Doug Campbell or this website is not financial or trading advice. All information is intended for Educational Purposes Only.

Yesterday’s Doji Represents the Indecision We All Have FREE Swing Trade Ideas

Yesterday’s Doji Represents the Indecision We All Have

The Doji Yesterday Represents the Indecision We All HaveFrom a Bull’s Eye – SPY:

The price action of the Doji Yesterday Represents the Indecision we all have in this market lately.

An inside day Doji was painted yesterday on the SPY chart closed down .70 cents or .30%. For the most part, nothing changed. Our moving average intraday strategy suggests the Bear is ahead of the Bull. Our moving average strategy includes the T-Line, 34-ema, and 50-sma 200-SMA and the Dotted Deuce.

Resistance can become support; current near-term resistance is $235.25 and $236.45

FREE Trade Idea – SABR

SABR – A Rounded Bottom Breakout Strategy painted a Doji on Monday and a Bullish Engulf on Tuesday. You see more information on our Trader Vission Trade Plan. Plan your trade for success and trade your plan.

Doji Candlestick Patterns

 

Spotlight Trade – SSYS

SSYS has risen 12.65% from the time we mentioned it to our members as a possible trade idea.  Candlestick patterns, chart patterns, price action support and resistance and simple logic, is what we look for in a chart.

(RBB) Rounded Bottom Breakout

Although we’ve discussed Dragonfly and Gravestone doji in the past, we never got around to explaining the simplest of all candlestick patterns: the basic doji, sometimes referred to as a “Doji Star.” The doji candlestick pattern is formed with one candlestick, and it is incredibly common. Although there are several different types of doji (such as the Gravestone, the Dragonfly, and the Long-Legged), which we will describe briefly, today we’re focusing on the classic, original doji. To learn how to identify this informative candlestick pattern and interpret its presence, simply scroll down. Learn More About the Doji

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service

Members Trade Ideas Below

Members trade ideas below reserved for subscribed members

Scanned from Tc2000  |  10-15 trade ideas daily

 

What is a Trade Idea Watch List?

A trade idea watch-list is a list of stocks that we feel will move in our desired direction over a swing trader's time frame.  That time could be one to 30 days for example.

From that watch-list, we wait until price action meets our conditions for a trade.
© 2007 - 2017 Hit & Run Candlesticks INC. - Right Way Options - Strategic Swing Trade Service - Trader Vision - All Rights Reserved. Terms of Service Investing and Trading involves significant financial risk and is not suitable for everyone. No communication from Rick Saddler, Doug Campbell or this website is not financial or trading advice. All information is intended for Educational Purposes Only.

Confused about which way to Trade Today Free Swing Trade Ideas

Confused about which way to Trade Today?

Confused about which way to TradeFrom a Bull’s Eye – SPY:

Are you confused about which way to trade today or the market direction?  Are politics and unknown world events confusing you about trading day-to-day?  What do I do when the market is week and yesterday’s price action shows strength.

The simple answer is just to look at the charts.  So let’s take a look at the SPY chart, yesterday’s open was above the previous low and yesterday closed was above the previous candle and high.  At the end of the day, the SBY closed up $2.06 or .89%  that’s a good sign for the Bulls at least for that day.

As as a swing trader was looking for price to swing higher, therefore, we must be concerned about resistance and what lies overhead.  For example on the daily chart price has moved below the 50-day simple moving average and has not crossed back above it.  Also, the T-Line is below the 34 exponential moving average on the daily chart.  Starting with the March 1 close, you can see the down resistance line pointing out the failed highs. Three intraday charts that I watch closely in times of confusion is the 30-minute, 60-minutes, and 2-hour charts.  On all three the SPY has moved below the 200-period moving average.

All the above factors are what I would take into consideration when looking at the SPY chart.  In my humble opinion price can certainly go higher but the BULLS must get through the resistant hurdles mentioned above.

My conclusion is simply to wait for confirmation.

FREE Trade Idea – BANC

BANC has recently moved over the 200-period M/A and above the left shoulder of a Head and Shoulder pattern. Price has broke out of the most recent consolidation and showing signs of bullish movement.

Spotlight Trade – SHLD

SHLD has risen 53.77% from the time we mentioned it to our members as a possible trade idea.  Candlestick patterns, chart patterns, price action support and resistance and simple logic, is what we look for in a chart.

(RBB) Rounded Bottom Breakout

The Rounded Bottom Breakout (RBB) is a pattern that Rick Saddler, founder of Hit & Run Candlesticks, recognized and named for its rounded bottom appearance on the daily chart. In many cases, it looks like the letter “U” with a flat bottom. This is because price drops down during the downtrend, it then rests or stops dropping for awhile and then it starts to move up.

The Rounded Bottom Breakout (RBB) is a great chart pattern that signifies that a downtrend has ended and an uptrend is beginning. Traders call this a “trend reversal” pattern. So, the RBB is a type of trend reversal pattern. There is no guarantee that this or any other pattern works every single time, but as you learn how the pattern develops, you can understand why the odds are stacked for a downtrend reversal.

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service

Members Trade Ideas Below

Members trade ideas below reserved for subscribed members

Scanned from Tc2000  |  10-15 trade ideas daily

 

What is a Trade Idea Watch List?

A trade idea watchlist is a list of stocks that we feel will move in our desired direction over time.  That time could be one to 30 days for example.

From that watchlist, we wait until price action meets our conditions for a trade.

 

© 2007 – 2017 Hit & Run Candlesticks INC. – Right Way Options – Strategic Swing Trade Service – Trader Vision – All Rights Reserved. Terms of Service Investing and Trading involves significant financial risk and is not suitable for everyone. No communication from Rick Saddler, Doug Campbell or this website is not financial or trading advice. All information is intended for Educational Purposes Only.

The Bears Continue to Outnumber the Bulls

The Bears Continue to Outnumber the Bulls

The Bears continue to outnumber the BullsThe Bears continue to outnumber the Bulls yet another day. Yesterday’s Harami candle gave no help to Tuesdays Hammer causing price to close below the 50-sma (daily chart)

In the Hit and Run Candlesticks Trading Room, I have spoken several times about the 60-min chart and that price is below the 200-sma. Yesterday the Bears were able to close price below the 200-sma on the 2-hour chart. A few banks report today, and weak reports will likely drop price into the 4-hour 200-FWL (our dotted deuce line)

Bottom line here the SPY (SP-500) and all its friends are looking pretty sad; there is a lot of weight put on the banks reporting today.

FREE Trade Idea – Today is the last trading day of the week –  No trade idea offered today.

Use today as a day to take profits and count your money. Use today to reflect on your trading this past week then take your dog for a walk.

Spotlight Trade – CVI (Short)

CVI –  Has fallen 12.25% since we posted the trade to our subscribers. CVI printed a Bearish candlestick top followed by a Blue Ice Failure. Yesterday price closed on the 200-sma, and the chart still looks like price may drop further.

Blue Ice Failure Pattern Basics

Imagine someone falling through the ice, then trying to come back up to the hole they plunged through. On their way up, they bump up against the ice and then fall back down again. This is the analogy behind the Blue Ice Failure Pattern (a term coined by David Elliott).

In stock charting terminology, the Blue Ice is the blue colored 50-day simple moving average (50 SMA), and price is the subject taking the plunge. More specifically, price is falling, it approaches the 50 SMA and plunges down through it. Price finds support after the plunge and starts to rally toward the 50 SMA. Price reaches the 50 SMA area and tries to break up through it but bumps up against it and then falls back down again.

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service

Members Trade Ideas Below

Members trade ideas below reserved for subscribed members

Scanned from Tc2000  |  10-15 trade ideas daily

**No trade ideas today

© 2007 – 2017 Hit & Run Candlesticks INC. – Right Way Options – Strategic Swing Trade Service – Trader Vision – All Rights Reserved. Terms of Service Investing and Trading involves significant financial risk and is not suitable for everyone. No communication from Rick Saddler, Doug Campbell or this website is not financial or trading advice. All information is intended for Educational Purposes Only.

FREE Swing Trade Ideas

Yesterday’s Hammer could be a game changer with Bullish follow through

Yesterday’s Hammer could be a game changer with the right follow throughFrom a Bull’s Eye – SPY:

Yesterday’s Hammer could be a game changer with Bullish follow through. The price fell to our lower horizontal support line marker, a combination of Candlestick price action and the (VSTOP) indicator we have on a chart. The before the close price rallied back to close above the 34-EMA which formed a Hammer Candle Signal.

A run to $237.85 would not be a surprise, and we could even see a $237.85 breakout that would be a strong bullish sign – BUT everything needs to work out.

The Bears need to step aside, and the Bulls need to take on and beat the $237.85 resistance line.

HRC Member Benefits

 

FREE Trade Idea – SSI

Daily Chart – Double bottom, Rounded Bottom Breakout (RBB) followed by a PBO flag and a bullish Morning Star signal. On the three day chart, I see a Bullish Engulf, with follow through and holding above support.

You can see more detail and our complete trade plan for NAT in the member's area of our website.

Spotlight Trade - BLDP

BLDP -  Has climbed higher (22.55%) since our members trade ideas on April 5,

The Bullish trend leads to a minor pull back that gave us a bullish Engulf buy alert which leads to a breakout and a members trade idea.

Bullish Morning Star

If you’ve ever wished upon a star, I hope that that star was a Morning Star candlestick pattern. Unlike the Evening Star, an omen that hints at bad things to come (i.e., low stock prices), the Morning Star is a sign of good fortune. If you spot this bullish reversal signal, which is composed of three candles, you can expect stock prices to increase. Although the bears have been in control, the bulls are ready and able to take over. To learn how to spot the Morning Star signal, how to decipher its characteristics, and how to interpret its meaning, just Click Here 

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service

Members Trade Ideas Below

Members trade ideas below reserved for subscribed members

Scanned from Tc2000  |  10-15 trade ideas daily

 

WPRT© 2007 - 2017 Hit & Run Candlesticks INC. - Right Way Options - Strategic Swing Trade Service - Trader Vision - All Rights Reserved. Terms of Service Investing and Trading involves significant financial risk and is not suitable for everyone. No communication from Rick Saddler, Doug Campbell or this website is not financial or trading advice. All information is intended for Educational Purposes Only.

FREE Swing Trade Idea

Do you see Two Bearish patterns forming  

Do you see Two Bearish patterns forming in the SPYFrom a bull’s eye SPY:

Do you see Two Bearish patterns forming in the SPY? The Bearish “M” pattern has lead to a Bearish “h” pattern trying to form. The hourly chart also remains below the 200-sma. Below $233.30 could set the Bear in motion to test the recent low of $231.60

The Bull view – From the March low the SPY rallied to a high and has bee consolidation above its 50-sma, a close above $236.30 would suggest a possible test of the “M” pattern highs.

I suspect the market is waiting on Thursday’s bank earnings reports.

FREE Trade Idea – NAT

Daily Chart – Rounded Bottom Breakout (RBB) with three higher lows and a bullish “W” pattern you can see on the 3-day chart. I see a 20% potential trade on NAT.

You can see more detail and our complete trade plan for NAT in the member’s area of our website.

Spotlight Trade – JAZZ

JAZZ –  Has traveled over 40% from our post to members on January 3.  Hit and Run Candlesticks informed members that JAZZ was an (RBB) Rounded Bottom Breakout pattern and had the potential of reaching new highs. The (RBB) Rounded Bottom Breakout pattern is a favorite of both members and myself.

What Other Traders Say

“Having been a full-time trader, I traded many different prices and technical indicator patterns over the years. If I were asked to choose just one pattern to trade the rest of my life, I would choose the Rounded Bottom (RBB) pattern without hesitation. It is the hands down winner in my trading arsenal for achieving profits on a regular basis. The pattern is easy to scan for, simple to learn, and provides an entire trading plan in the set-up from entry, stop-loss and price target. I often say, “RBB Rules,” and it truly does in my P&L (Profit & Loss) tracking. I would encourage both novice and experienced traders to learn this valuable set-up.”

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service

Members Trade Ideas Below

Members trade ideas below reserved for subscribed members

Scanned from Tc2000  |  10-15 trade ideas daily
© 2007 – 2017 Hit & Run Candlesticks INC. – Right Way Options – Strategic Swing Trade Service – Trader Vision – All Rights Reserved. Terms of Service Investing and Trading involves significant financial risk and is not suitable for everyone. No communication from Rick Saddler, Doug Campbell or this website should is not financial or trading advice. All information is intended for Educational Purposes Only.

click/touch to navigate