Swing Trade Ideas May 7, 2015

Today's Swing Trade Ideas

BABA/Long (Specialty Retail)  BABA looks to be gapping up this morning on earnings, and a close above the 50 SMA will give us a Rounded Bottom Breakout.  In the next couple of weeks, we could see BABA in the $95 area.

More on how to trade BABA in the trading room today at 9:10 am EDT
Possible entry plan idea:  The buy box is from $83.50 to $87.60
Possible stop plan idea:  A close below the 50-sma
After our morning call of UVXY in the trading room, there were several members that enjoyed the rain of money.  Both TVIX and UVXY are currently pinball setups.
TBT is approaching the 200-simple moving average, so watch for some consolidation or a pullback.

Meetups
Corpus Christi, TX, Saturday May 9, 2015
Please contact Rick for details
Ph: 417-848-3519
e-mail [email protected]
Vancouver BC, July 18, 2015
Profit Scanner Users & Trial Users
Basic Scanner Set-up
Wednesday, May 6,  Meetup at 11:00 AM EST
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
You should have the same tools the pros have - 2-Week Free Trial Click Here

Good Morning, 
SPY:  The buyers did manage to bring the SPY up from its lows yesterday before the close, and we are approaching an oversold condition, but I do think it's a little early.  The sellers controlled yesterday's price, and keeping the close below the big three and the T-Line still gives the sellers Continue Reading

Swing Trade Ideas May 6, 2015

Today's Swing Trade Ideas

UWTI/Long (Oil sector)  UWTI has been in a bullish trend starting from mid-March, and the price has now climbed over the big three and over the 100 SMA while still in a Rounded Bottom Breakout pattern.  If managed correctly, bought and sold that is, I see price running into the $5 area which is about 35%

More on how to trade UWTI in the trading room today at 9:10 am EDT
Possible entry plan idea:  The buy box is from $2.03 to $2.18
Possible stop plan idea:  A close below the T-Line

Meetups
Corpus Christi, TX, Saturday May 9, 2015
Please contact Rick for details
Ph: 417-848-3519
e-mail [email protected]
Vancouver BC, July 18, 2015

Profit Scanner Users & Trial Users
Basic Scanner Set-up
Wednesday, May 6,  Meetup at 11:00 AM EST
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
You should have the same tools the pros have - 2-Week Free Trial Click Here
Good Morning, 

SPY:  Once again the SPY failed to make a new high on Monday with its bullish gap and instead formed a Shooting Star candle.  Yesterday confirmed that the sellers had control with its own gap down and a long bearish-bodied candle that closed below the big three and the T-Line. Continue Reading

Swing Trade Ideas May 5, 2015

Today's Swing Trade Ideas
MEIP/Long (Healthcare sector) MEIP formed one of our favorite chart patterns yesterday, the Pinball Setup.   Coming off the bottom, MEIP has formed a lower high and a higher low with yesterday's candle.  To learn how we plan to trade MEIP, join us in the trading room today.  Because of the profit scanner, I was able to buy a little yesterday.

More on how to trade MEIP in the trading room today at 9:10 am EDT
Possible entry plan idea:  The buy box is from $2.03 to $2.18
Possible stop plan idea:  A close below the T-Line

Did you get your 19% on DGLY yesterday?  What could 19% have done to your trading?   H&R Candlesticks, The H&R Trading Room, The Profit Scanner for the master trader.  You decide.

Meetups
Corpus Christi, TX, Saturday May 9, 2015
Please contact Rick for details
Ph: 417-848-3519
e-mail [email protected]

Vancouver BC, July 18, 2015

Profit Scanner Users & Trial Users
Advance Scanner Set-up
Monday, May 4,  Meetup at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
You should have the same tools the pros have - 2-Week Free Trial Click Here

Good Morning, 

SPY:  The buyers gapped up in the morning and then allowed the sellers to bring price to the lower end of the gap.  Closing still above the big three and the T-Line, this suggests that the buyers are still in control.  A trader has to wonder with yesterday's upper shadow and so close to resistance, is this a clue?

IWM:  Trying to recover from IWM's big hit last week is not going to be easy.  You can see yesterday that the sellers allowed the buyers to crawl the wall, but then by the end of the day, the wall was too steep and the buyers slid back down.

 

This Week's Economic Calendar---> Click Here

Members Trade Ideas -  Members Only
In the members area you will find 10-15 trade ideas every day

Each day 10 -15 stocks are posted in the members area that I believe are poised to move 10-20% (maybe more) within the next few days based on the charts. As you know some work and some don't…Welcome to trading. Please follow your trading rules for entry stops and profits. Remember to check for earnings!

Symbols from TC2000

 

Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.

Symbols formembers only % Date  Long/Short Try our Membership, Check out the Trading Room
5.4.15 Long BOPT
4.30.15 Long BOPT
4.28.15 Long Watch for the PBO
4.27.15 Long Watch for the PBO
4.23.15 Long Watch for the PBO
4.22.15 Long BOPT
4.14.15 Long BOPT
4.13.15 Long BOPT
4.10.15 Long BOPT
4.1.15 Long BOPT
3.30.15 Long BOPT Earnings today amc
3.26.15 Short Short on weakness
3.25.15 Long Take  profits!!!!!!!
3.24.15 Long BOPT
3.19.15 Long BOPT
3.6.15 Long BOPT
3.2.15 Long BOPT
2.23.15 Long BOPT
2.17.15 Long BOPT
2.13.15 Long BOPT
2.3.15 Long BOPT
1.22.15 Long BOPT
1.7.15 Long Watch for the PBO
12.22.14 Long Close on weakness
7-8-14 Long No trade here

VXX S&P 500 VIX Short Term Futures:  A close below the T-Line ™ implies the bearish short-term swing traders are in control.

Energy Sector: XLE, SX90, ERX, USO  A above the T-Line ™  implies the bullish short-term swing traders are in control.

TBT: A close above the  T-Line ™ implies the above short-term bullish swing traders are in control. At some point TBT in a bullish stance will put pressure on the bullish market.

US Dollar Index: UUP, DXYO A close below the  T-Line ™  implies the bearish short-term swing traders are in control.

The information in this email and Blog Post are notes to myself and should NOT be construed as financial or trading advice.

Investing and Trading involves significant financial risk. No communication should be construed as financial or trading advice. All information provided is for Educational Purposes Only.

Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.

http://hitandruncandlesticks.com Trading for Profit is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not tell or suggest which securities or currencies customers or subscriber should buy or sell. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here.

Swing Trade Ideas May 4, 2015

Today's Swing Trade Ideas

DGLY/Long (Technology sector) DGLY may be trying to break out of the short-term downtrend resistance line to challenge its recent highs. Currently I own DGLY @ 14.52

More on how to trade DGLY in the trading room today at 9:10 am EDT
Possible entry plan idea:  The buy box is from $14.28 to $16.04
Possible stop plan idea:  A close below $14.28 or the T-Line
Meetups
Corpus Christi, TX, Saturday May 9, 2015
Please contact Rick for details
Ph: 417-848-3519
e-mail [email protected]

Vancouver BC, July 18, 2015

Profit Scanner Users & Trial Users
Advance Scanner Set-up
Monday, May 4,  Meetup at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
You should have the same tools the pros have - 2-Week Free Trial Click Here

Good Morning, 
SPY:  The buyers have maintained control of the SPY with a series of higher lows starting in late March.  Friday the buyers were able Continue Reading

Swing Trade Ideas May 1, 2015

Today's Swing Trade Ideas

NOG/Long (Energy sector) NOG Is currently a featured trade idea and I am featuring it again today because of the bounce off the 50 day simple moving average and the possibility a bullish continuation pattern (Doji sandwich)

More on how to trade NOG in the trading room today at 9:10 am EDT
Possible entry plan idea:  The buy box is from $22.12 to $23.47 or a breakout
Possible stop plan idea:  A close below $22.12 or the T-Line

There is currently a buffet of stocks for the trader looking for long positions and short positions, whether you are a profit trader, swing trader or a day trader.  We encourage you to check out Hit&Run Candlesticks and discover the power of our live trading room.

Meetups
Corpus Christi, Tx. Saturday May 9, 2015
Please contact me for details

Vancouver BC, July 18, 2015
Details coming

Friday "Open Mic"  Friday May 1, 12: PM EDT
Volunteers  Welcome

Profit Scanner Users & Trial Users
Advance Scanner Set-up
Monday, May 4,  Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
You should have the same tools the pros have - 2-Week Free Trial Click Here

Good Morning, 

SPY:  The April 27 Bearish engulf continues to put pressure on the SPY, enough to put yesterday's close below the 23.6% Fibonacci retracement.  Couple that with  closing below the big three and below the T-Line just adds to the sellers’ pressure.  $210.50 is the Continue Reading

Swing Trade Ideas April 30, 2015

Today's Swing Trade Ideas

FET/Long (Energy sector) FET was a featured trade idea on April 27, it has had a slight pullback to the T-Line and we are currently looking at two Doji's.  Now were watching for the buyers to move it higher

More on how to trade FET in the trading room today at 9:10 am EDT
Possible entry plan idea:  The buy box is from $22.12 to $23.47 or a breakout
Possible stop plan idea:  A close below $22.12 or the T-Line

Friday "Open Mic"  Friday May 1, 12: PM EDT
Volunteers  Welcome

Profit Scanner Users & Trial Users
Advance Scanner Set-up
Monday, May 4,  Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach

You should have the same tools the pros have - 2-Week Free Trial Click Here

Good Morning, 

SPY:  There is not much change in the SPY nor IWM after yesterday's Fed statement.  We still have the Doji bearish engulf lurking over us from Monday that I'm sure the bears will try desperately to utilize.  You can see from your charts that the SPY is still just moving sideways from early March the past 30 days the Bulls have controlled with a Continue Reading

Swing Trade Ideas April 29, 2015

Today's Swing Trade Ideas

VNET/Long (Technology sector) Has completed a rounded bottom breakout with the close over the 200-simple moving average.  Currently painting a bullish J-Hook continuation pattern with plenty of bullish canvas.

More on how to trade VNET in the trading room
Possible entry plan idea:  The buy box is from $20.30 to $20.86 or a breakout
Possible stop plan idea:  A close below $20.83 or the T-Line
Friday "Open Mic"  Friday May 1, 12: PM EDT
Volunteers  Welcome
Profit Scanner Users & Trial Users
Basic Scanner Set-up
Wednesday, April 29,  Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
You should have the same tools the pros have - 2-Week Free Trial Click Here
Good Morning, 
SPY:  The SPY gained a little of its loss back yesterday by printing a hammer that bounced off the 20-simple moving average and a trend line.  A requirement for a hammer is follow-through, keeping in mind that follow-through does not have to happen the very next day.  Before the Bulls can take on $212.48, they first need to win a mini battle at Continue Reading

Swing Trade Ideas April 28, 2015

Today's Swing Trade Ideas

TZA/Long (Small Cap Bear ETF) After an extended downtrend TZA has formed a double bottom accompanied with a Bullish Morning Star Reversal Pattern closing above the T-Line and the 20-simple moving average.  Currently I'm anticipating TZA to become A Rounded Bottom Breakout.  I am personally long from $9.69.

More on how to trade TZA in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $p.78 to $10.12 or a breakout
Possible stop plan idea:  A close below $9.78 or the T-Line

Friday "Open Mic"  Friday May 1, 12: PM EDT
Volunteers Welcome

Profit Scanner Users & Trial Users
Basic Scanner Set-up
Wednesday, April 29,  Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach

You should have the same tools the pros have - 2-Week Free Trial Click Here

Good Morning, 

SPY:
A double top Doji bearish engulf is not a good combination to have if you are a bull, and that's exactly what happened in the spy.  Although overall the spy and the market seems to be bullish yesterday was not a good day.  The Bulls did manage to defend their position above the T-Line the question is can they do it today.  It would be nice to see Continue Reading

Swing Trade Ideas April 24, 2015

Today's Swing Trade Ideas

CLF/Long (Basic materials) CLF has put in a series of higher lows and bounced between the 50- and 20-simple moving averages.  With the pullback and morning star signal yesterday, CLF printed a 9.45% day stretching and warming up to be a J-Hook breakout continuation pattern which will become an RBB pattern over the 50-simple moving average

More on how to trade CLF in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $5.62 to $5.07
Possible stop plan idea:  A close below $5.07 or the T-Line

Friday "Open Mic"  Friday April 24, 12: PM EDT
A huge success last Friday.  Looking for volunteers.
Mark S. Open Mic 12:00 EDT

Profit Scanner Users & Trial Users
Advance Scanner Set-up
Monday, April 27,  Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach

Alerted us  Thursday April 23,
ASPS alerted a RBB @ 18.26 up 24%
SFUN alerted @ 8.05 today all day making new highs up another 9%
APPL alerted April 20, @ 125.58
MBT alerted on the Hammer and again today J-Hook
GEOS alerted near the close April 22 and again today
AKS alerted with a T-Line cross
WFT alerted with a T-Line cross

You should have the same tools the pros have - 2-Week Free Trial Click Here

Good Morning, 

SPY: The SPY closed above the T-Line with the T-Line above the big three implying that the buyers are in charge.  The buyers did control the SPY all day yesterday up to the very end, and as you can see with the high wick, there were a few buyers that jumped ship.  No matter, whatever the SPY does today, Friday's are always a good day to be a Continue Reading

Swing Trade Ideas April 23, 2015

Today's Swing Trade Ideas

GPRO/Long (Technology) GPRO has broken through its downtrend line and has a slight pullback with a Doji Bullish Engulf or a left/right combo looking like a J-Hook continuation pattern.

More on how to trade GPRO in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $43.62 to $46.95
Possible stop plan idea:  A close below $43.62 or the T-Line

Friday "Open Mic"  Friday April 24, 12: PM EDT
A huge success last Friday.  Looking for volunteers.
Mark S. Open Mic 12:00 EDT

Profit Scanner Users & Trial Users
Basic Scanner Set-up
Monday, April 27,  Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach

Alerts yesterday April 22,
CRNT member trade idea alerted @ 1.26 up 12%.
SFUN alerted @ 7.13 up 10%
NKA alerted @ 1.05 and again @ 2.04
BLCM alerted @ 26.80
You should have the same tools the pros have - 2-Week Free Trial Click Here

 

Good Morning, 

SPY:  The SPY continues to float sideways with a slight bullish edge.  $208.20 is the median price between the March highs and the April lows.  Currently, the price is above $208.20 as well as the 50-day simple moving average and the T-Line.

Trade wise and trade for profits, not home runs.  It's a business, not a game.  Successful businesses have more than one product; so should your trading account. Continue Reading

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