Swing Trade Ideas February 19, 2016

Rick’s Featured Trade Ideas

AMZN/short (Specialty Retail)   We shorted AMZN yesterday.  AMZN printed a Bearish Engulf yesterday at the 200-sma suggesting a Red Ice Failure. Notice the recent Blue Ice Failure and lower lows and lower highs.

Hit & Run Members and Trading room: 
Mike sold GLUU for $26.8%, Mura out UCO +21.42%
Bonnie rocking out of BEAT +.71
Gene out OI 11%
Great trading!

AMZN Plan your trade & trade your plan  February 19, 2016
Possible entry plan idea:   Sell Box $Members Only
Possible stop plan idea:   Cover above $Members Only
Risk Reward 6:1 depending on entry/exit/stop

SPY Attitude:  (2-T-Line™ up/T-Line™ 34 down) 
It doesn’t look like the bulls are able to control $194.63 just yet.  When you think about the run we’ve had this past week, a little pullback or profit taking should not be a surprise.  Let’s keep our eyes on how price acts at the T-Line™ in the next day or two. If the Bulls can defend the $189.50 area, it would suggest

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Swing Trade Ideas February 18, 2016

Rick’s Featured Trade Ideas

WWW/Long (Footware)  WWW kicks the trade off with a bullish piercing candle back in mid-January followed by a bullish T-Line™ run.  Profit-taking took place below the T-Line™, and the Bulls were able to put together a morning star pattern followed by a Doji continuation pattern along with a Bullish J-Hook continuation.

Hit & Run Members and Trading room:  We took a stroll to the bank on ICON, FCX, ATI, GMRN, FOSL, TMST, USO and NHTC —$$$. If you are frustrated we can help!

WWW Plan your trade & trade your plan  February 18, 2016
Possible entry plan idea:   Buy Box $Members Only
Possible stop plan idea:   Stop Below $Members Only
Risk Reward 8:1 depending on entry/exit/stop

SPY Attitude:  (2-T-Line™ up/T-Line™ 34 down) Another great day for the Bulls closing up 1.63% at $192.88, well within our expected target area.  On the daily chart, the SPY is on the verge of breaking out of a bullish ‘W’ pattern.  If the Bulls can manage to control the $194.63 resistance line, then the next bullish target would be between $200.00 and $202.00. Let’s keep in mind that the SPY could have a relapse  and the old mama bear could come back out.  If

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Swing Trade Ideas February 17, 2016

Rick’s Featured Trade Ideas

JOY/Long (Farm Equipment)   JOY has broken out of its down trend forming a cup & handle, a flag or J-Hook breakout and a line of support at $10.40.

$$$—Hit & Run Members were alerted to BAP on February 10, now a T-Line™ and  gap to boot.  BAP has produced 12% —$$$. We will teach you how.

JOY Plan your trade & trade your plan  February 17, 2016
Possible entry plan idea:   Buy Box $Member Only
Possible stop plan idea:   Stop Below $Member Only
Risk Reward 10:1 depending on entry/exit/stop

SPY Attitude:  (MA trend down/price relief rally underway) Price did close over $187.95.  As mentioned yesterday, price should push between $191.20 and $194.60.  A close over $191.20 will help the bulls pull the T=Line™ over the 34-ema on the 4-hr chart. The 2-hr chart has now gone bullish on the T-Line™ chart.

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Swing Trade Ideas February 16, 2016

Rick’s Featured Trade Ideas

ATI/Long (Metal Fab)   After forming a bullish piercing candle and double bottom, ATI has painted a bullish picture of higher highs and higher lows.  Currently, it has a rounded bottom breakout and a bullish morning star signal leading to a J-Hook continuation pattern.

$$$—Hit & Run Members were alerted to STRP on January 20, now a perfect T-Line™ Run that has produced 90% —$$$. We teach how to find and trade, trades like this.

ATI Plan your trade & trade your plan  February 16, 2016
Possible entry plan idea:   Buy Box $Members Only
Possible stop plan idea:   Stop Below $Members Only
Risk Reward 5:1 depending on entry/exit/stop

SPY Attitude:  (MA trend down/price relief rally underway) A close over $187.95 would likely move price to between $191.20 and $194.60.  We currently have a minor trend change to bullish on the four-hour chart and a close over $191.20 would likely produce an intermediate bullish trend change.
All candlestick traders have certain candlestick patterns that they favor, and one of mine is a gap down and not just one but two Doji’s together and then a gap

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Swing Trade Ideas February 12, 2016

Rick’s Featured Trade Ideas

No Featured Trade Idea today – Headed out on a mini vacation
Happy Valentines to all!

SPY Attitude:  (The trend is down) And the double bottom Doji is going to save the day (No), the morning futures are showing a little Bullish buzz, unless the Bulls can close the SPY over 188.00 this possible short-term relief rally is just a joke. Be suspicious of relief rallies in this market, relief rallies are signals to look for short setups. Remember cash is king and Monday is a Holiday.
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Swing Trade Ideas February 10, 2016

Rick’s Featured Trade Ideas

GLUU/Long (Gaming and Multimedia)  GLUU has produced a bull kicker gap, closing up over the 50-SMA creating a rounded bottom breakout.  With a couple of bars of consolidation followed by solid bullishness yesterday and the beginning of a T-Line run™, GLUU has great profit potential for the swing trader.

$$$ If the trading room you’re in did not help you with the $DUST trade, you may be in the wrong room $$$.

GLUU Plan your trade & trade your plan  February 10, 2016
Possible entry plan idea:   Buy Box $Members
Possible stop plan idea:   Stop Below $Members
Risk Reward 17:1 depending on entry/exit/stop

SPY Attitude:  (Price will Attempt a Relief Rally) And it looks as if price will attempt a relief today, or, in another way to put it, price will try to sneak through a bearish feeding ground.  Everybody knows that the SPY is in a downtrend.  Where it gets fuzzy is how many ways can we paint an uptrend.  For each trader, the answer may be different.  For me, it’s simple; first, what is

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Swing Trade Ideas February 9, 2016

Rick’s Featured Trade Ideas

ICON/Long (Apparel)  ICON above $7.50, this RBB setup has a high probability to pay off; however, it will need the help of the market.
The Hit & Run Candlesticks trading room offers education and great trade ideas.

$$$ Trading Room Profits Monday were great with SBUX, MXL, and NFLX $$$

ICON Plan your trade & trade your plan  February 9, 2016
Possible entry plan idea:   Buy Box $Members Only
Possible stop plan idea:   Stop Below $Members Only
Risk Reward 5:1 depending on entry/exit/stop

SPY Attitude:  (The bear is in Charge! – Timing is everything.) 
The Bulls were able to defend $184.75 printing a dragonfly/hammer candle, and it is possible that this candle and the bull action yesterday could cause a very small relief rally, maybe to $189.05, but I doubt seriously the bear is ready to give in.  With nothing

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Swing Trade Ideas February 8, 2016

Rick’s Featured Trade Ideas

INTU/Short (Software)  Price action has demonstrated a clear blue ice failure on the daily chart.  Price is also close back below the 34–EMA and the T-Line™

The Hit & Run Candlesticks trading room offers education and great trade ideas.

$$$Wednesday, Thursday, Friday last week NUGT was one of the big winners in the Trading Room $$$

INTU/ Plan your trade & trade your plan  February 8, 2016
Possible entry plan idea:   Short Box $Get you 2 week trial
Possible stop plan idea:   Cover area $Get you 2 week trial
Risk Reward 5:1 depending on entry/exit/stop

SPY Attitude:  (The bear is running free)
$184.75 is a number the bulls need to defend and it looks like that area may be a battleground today.  Friday the sellers were able to wake the bear up with a negative close in the morning, and futures are suggesting the bear may be hungry for the $184.75 support area.  Taking price out of the picture all of our decision-making lines are in agreement with the bear.
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Swing Trade Ideas February 5, 2016

Rick’s Featured Trade Ideas

No trade Ideas today.

The Hit & Run Candlesticks trading room offers education and great trade ideas.

SPY Attitude:  (Daily Bull & Bear Fight) (2-hr chart struggling)
$184.75 is a number the bulls need to defend  A success from the bears and a bear flag could potentially deliver more selling to the $175.50 area.
The linear regression (100 days) is down, and price hasn’t been able to get through the $195.50 resistance area. The jobs numbers may help or hurt.
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Swing Trades February 4, 2016

Rick’s Featured Trade Ideas

SIEN/Long (Medical instruments)   SIEN has not been a stranger to either Hit-And-Run Candlesticks or Right Way Options members.  For many, this one stock has paid your subscription for the next several years.  Recently, the 100 SMA has proven to act as resistance. It’s ben price flagged for about a week then the Bulls pop price out on high-volume

The Hit & Run Candlesticks trading room offers education and great trade ideas.

$$$Wednesday NUGT Was one of the big winners in the Trading Room $$$

SIEN/ Plan your trade & trade your plan  February 4, 2016
Possible entry plan idea:   Buy Box $Members Only
Possible stop plan idea:   Stop Area $Members Only
Risk Reward 7:1 depending on entry/exit/stop

SPY Attitude:  (Daily Bull & Bear Fight) (2-hr chart Bullish)
Market popped today on oil rally… USO to $10.65 if $9.90 can be beat. We took trades today in USO and ERX, good profits so far, up over 10%

SPY goes to $200 if $195.50 can support.
Oil is the key, it has been and it still is for now. It’s all about the Oil!
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