25% Trade On WFT?

25% Trade On WFT?

I’m looking for a 25% trade on WFT with a breakout of the 200-SMA. WFT has been in a Rounded Bottom Breakout Pattern and looked like it wants to challenge the 200-SMA. Bullishness from yesterdays close could run WFT to about the $3.45 area or about 30%. The WFT chart has recently come out of an Inverted Head and Shoulder pattern, Flagged and gapped. The past ten bars have enjoyed a T-Line Run. The trick with WFT will be getting through the 200-SMA on the daily chart and the 50-SMA on the weekly chart.

We will cover more details about stops and entries in the HRC trading room. Live Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning.

Join Rick Saddler and a “small” group of traders,  Rick will share what he has done to double a small trading account. Rick will share and coach you through his next 3-5 trades. Rick’s personal goal will be to help you recoup your cost and more.

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SPY • Bullish Team?

The past four bars in the SPY chart have put together a bullish team, now all we need is the follow through the team to get into the game. As I look at a few different charts I have you can see the SPY is so close to the breakout edge but yet it seems the bulls lack the confidence to push the fence down. Over $268.85 the bulls will have the freedom to run and frolic in the field, the question is will they do it?

The QQQ’s and IWM are leading the market and doing a pretty good job, they both still need to test there breakout.

The VXX has shown no sign of fear in the last few days.

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Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

To learn more about our trading tools join us in the trading room or consider Private Coaching.

Testimonial

I have been a member of HRC for five years, RWO for three years. I applaud the efforts of all coaches Rick, Doug, Ed and Steve (also fellow members) in helping me become a better trader than I was starting out and I am still learning. Doug reinforces the “Price is King” mantra every day since we traders tend to forget it in the midst of finding the next ‘sure thing’ indicator. Rick, will make us sometimes answer our questions to foster the thinking and quicken the learning process. Over the years, I have been in many trading rooms. I am here to stay. This room and its members are the best. Period!

Fred Narielvala

 

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

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

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AAOI Up 31%

AAOI Up 31%

The AAOI trade has worked well, currently, up 31%, I will close it later today because of earnings tonight, and it’s hitting one of our major sell indicators in a Rounded Bottom Breakout chart pattern. Our GE trade is looking better, The bottom construction as paid off for the chart so far. Still, a few bumps to get over before it pays the big bucks. We bought some GPRO this morning with a 15.5% profit so far. GPRO may have its eye on the 200-SMA

The SPY still challenged by the 50-SMA on the daily chart. Price continues to trade in a narrowing range (looking at a daily chart for the past three-plus months).

Remember to check our morning blog post-

Monday through Friday

Public eLearning tonight 8:00 pm EST. Room 1

 

Testimonial

I have been a member of HRC for five years, RWO for three years. I applaud the efforts of all coaches Rick, Doug, Ed and Steve (also fellow members) in helping me become a better trader than I was starting out and I am still learning. Doug reinforces the “Price is King” mantra every day since we traders tend to forget it in the midst of finding the next ‘sure thing’ indicator. Rick, will make us sometimes answer our questions to foster the thinking and quicken the learning process. Over the years, I have been in many trading rooms. I am here to stay. This room and its members are the best. Period!

Fred Narielvala

 

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

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

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THS Printed A Weekly Cradle Pattern

THS Printed A Weekly Cradle Pattern

THS printed a weekly cradle pattern and closed over the daily 50-SMA making THS an (RBB) Rounded Bottom Breakout. Friday THS ran to the Dotted Duce indicator and rested. I would expect more rest then a trade to the $50.15 area followed by a challenge of the 200-SMA. With a test and success of the 200-SMA, $62.70 would be the next trade.

We will cover more details about stops and entries in the HRC trading room. Live Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning.

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SPY • Bullish Engulf

Well, it looks like the Bulls were feeling pretty good about themselves, big Bullish Engulf after a Hammer and off the 200-SMA. I hope they know the work is not over yet. The 50-SMA and $271.30 will require more bulls and more strength. If the buyers can capture $272.30 successfully, they would be above the 23.6 Fib line, a good place to be if you a bull. QQQ’s, DIA’s and IWM all acted very well Friday and the QQQ’s and IWM both closed over the 50-SMA

The VXX chark lost the 50-SMA and looks to be testing the 200-SMA once again.

Rick’s Trade-Ideas Reserved for Members

Focus Trading Education

Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

Testimonial

I have been a member of HRC for five years, RWO for three years. I applaud the efforts of all coaches Rick, Doug, Ed and Steve (also fellow members) in helping me become a better trader than I was starting out and I am still learning. Doug reinforces the “Price is King” mantra every day since we traders tend to forget it in the midst of finding the next ‘sure thing’ indicator. Rick, will make us sometimes answer our questions to foster the thinking and quicken the learning process. Over the years, I have been in many trading rooms. I am here to stay. This room and its members are the best. Period!

Fred Narielvala

 

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

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

*************************************************************************************

 

I Love The Game We Play

I Love The Game We Play

I love this game we play, some days more than others…😊 yesterday Hit and Run Candlesticks closed BAC for 32% and VXX for 23%. Today I might be closing Pandora for a sweet profit. The past few months it has been best to trade both sides of the market (long and short) it also has been a stock pickers market like no other.

The SPY has been producing lower highs but not lower lows creating a tight trading range. The tighter the range, the harder it is to trade, so you traders having trouble believe me you’re not the only ones.

There is a very important price range the bulls must defend ($261.00 down to $254.80) if the bulls can’t defend this area the darn bears will run us down to the $245ish area. Remember not to fight the trend, and if you have questions a trend ask us –Ask Us Here

 

Event Calendar

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Focus Trading Education

Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

To learn more about our trading tools join us in the trading room or consider Private Coaching.

 

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

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

*************************************************************************************

 

Several Members Already Short CAT

Several Members Already Short CAT

Several of our members have already shorted CAT, and it looks like below $143.00 they will be well paid. And below the 200-SMA the next strong support is in the $115.00 area. Short-term bearish chart patterns and the south trending moving averages are chipping away. Below the 200-SMA we could see a meltdown.

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SPY • 28 Days and 2 Fib. Lines

From the 2016 bullish breakout in the SPY and the February 2018 high using Fib. Lines we can see that the SPY has “basically” been trading between the 23.6%  and the 38.2% retracement for the past 28 days. Our triangle wedge is getting tighter and tighter. Yesterdays close and it looks as if today’s open will test the lower line. The 38.2% Fib line is sitting at $257.70 which is also where the February and April lows found support. Bottom line is the SPY has made three major failed highs and currently below the 50-SMA, with our trending moving averages pointing lower. We all know the market has been a bit hard to trade recently, we also know “above the 38.2% retracement” a chart is not in real trouble. If the buyers can’t put a game together, we will test the 38.2 ($256.70) again.

The VXX still hovering above the 200-SMA, let me know when it gets above the 50-SMA.

Rick’s Trade-Ideas Reserved for Members

30-Day TrialMonthlyQuarterlySemi-AnnualAnnual

Focus Trading Education

Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

Ask Me How I Doubled a Trading Account Private Coaching.

Testimonial

I have been a member of HRC for five years, RWO for three years. I applaud the efforts of all coaches Rick, Doug, Ed and Steve (also fellow members) in helping me become a better trader than I was starting out and I am still learning. Doug reinforces the “Price is King” mantra every day since we traders tend to forget it in the midst of finding the next ‘sure thing’ indicator. Rick, will make us sometimes answer our questions to foster the thinking and quicken the learning process. Over the years, I have been in many trading rooms. I am here to stay. This room and its members are the best. Period!

Fred Narielvala

 

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

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

*************************************************************************************

 

UAA IS Setting Up, Weekly RBB

UAA IS Setting Up, Weekly RBB

UAA is setting up on several time frames, but the weekly is the one that caught my eye. Bullish “W” pattern, Bullish Morning Star, Testing support with success, RBB pattern, Doji continuation pattern. With a 4-6% risk (depending on where it’s entered) the profit potential is pretty darn good. We will cover more details about stops and entries in the HRC trading room.

Live Members Morning Prep starting at 8:45 AM Est. With Steve Risner at 8:45 am and Rick Saddler at 9:10 am this morning.  30-Day Trial

Event Calendar

SPY • Let the Traffic Pass

Stay alert and cautious when playing in traffic, or maybe wait until the traffic passes. AAPL beat and pre-market it is trading above the daily 50-SMA, holding the 50-SMA today would be one of the bulls today. We have the Feds report today on top of more earnings, is this the perfect storm or what? So the SPY showed a bit of bullishness yesterday bouncing off our lower green support line. But let’s stay with reality! The 34-EMA is trending below the 50-SMA, and the 50-SMA is trending down. Price is still below our bearish trend line.

The VXX still hovering above the 200-SMA, let me know when it gets above the 50-SMA.

Rick’s Trade-Ideas Reserved for Members

30-Day TrialMonthlyQuarterlySemi-AnnualAnnual

Focus Trading Education

Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

To learn more about our trading tools join us in the trading room or consider Private Coaching.

Testimonial

I have been a member of HRC for five years, RWO for three years. I applaud the efforts of all coaches Rick, Doug, Ed and Steve (also fellow members) in helping me become a better trader than I was starting out and I am still learning. Doug reinforces the “Price is King” mantra every day since we traders tend to forget it in the midst of finding the next ‘sure thing’ indicator. Rick, will make us sometimes answer our questions to foster the thinking and quicken the learning process. Over the years, I have been in many trading rooms. I am here to stay. This room and its members are the best. Period!

Fred Narielvala

 

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

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

*************************************************************************************

 

Energy Is Hot Right Now

Energy Is Hot Right Now

Energy is hot right now, and EQT has opened the door for us with a Rounded Bottom Breakout pattern. The gap a few days ago on heavy volume has now presented us with a Flag pattern sitting on price support and the 50-SMA. A bullish flag breakout could fuel EQT into the $57.00 plus area or 13-15%. We will cover more details about stops and entries in the HRC trading room. Live Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

ADM 41% • IWM 13% • SHLD 57% • FOSL 11% • IWM 49% • CVEO 29% GE 11% • ANF 56% • CREE 51% • FLO 3% • VXX 6% • CAT 39% • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% QQQ 28% QQQ 179% • TWTR 180% VXX 375% VIPS 118% • WTW 21.9%

Event Calendar

SPY • A Big Week Ahead

AAPL reports tonight, and today the Feds start their 2-day meeting. Yesterday the SPY closed below the very important $265.00 line which gave the sellers more of an edge if the buyers can’t bring us back over the $265.00 the resent low area and more will likely get tested, $261.50 t0 $259.95. I know this chop go nowhere trading is getting aggravating and is tuff to trade at times. Price is getting close to a pivot point in the current triangle pattern, a break one way or the other is likely. For the past few weeks, I have heard predictions in favor of the buyers and favor to sellers. The truth is “Predictions” is a dangerous game to get into but when the market is directionless more and more predictions are made. Sometime we must stand back and wait to see the direction the wind is blowing. Overtrading never helps anyone.

The VXX chart is below the 50-SMA and sitting on the 200-SMA, the current candle price action has painted a Flag pattern.

Rick’s Trade-Ideas Reserved for Members

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30-Day TrialMonthlyQuarterlySemi-AnnualAnnual

Focus Trading Education

Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

To learn more about our trading tools join us in the trading room or consider Private Coaching.

Testimonial

I have been a member of HRC for five years, RWO for three years. I applaud the efforts of all coaches Rick, Doug, Ed and Steve (also fellow members) in helping me become a better trader than I was starting out and I am still learning. Doug reinforces the “Price is King” mantra every day since we traders tend to forget it in the midst of finding the next ‘sure thing’ indicator. Rick, will make us sometimes answer our questions to foster the thinking and quicken the learning process. Over the years, I have been in many trading rooms. I am here to stay. This room and its members are the best. Period!

Fred Narielvala

 

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

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

*************************************************************************************

 

BKD (RBB) Morning Star Breakout

BKD (RBB) Morning Star Breakout

BKD has become an (RBB) pattern with a Morning Star Breakout. After a gap down in February, BKD has walked sideways for about 2-months. The Bullish Morning Star Broke out into a Rounded Bottom Bottom (RBB) Pattern Friday on good volume. With bullish follow-through BKD has a few swing target zones to consider up to about 30% in the (RBB) strategy. We will cover more details about stops and entries in the HRC trading room.

Live Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

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Recent Trades

ADM 41% • IWM 13% • SHLD 57% • FOSL 11% • IWM 49% • CVEO 29% GE 11% • ANF 56% • CREE 51% • FLO 3% • VXX 6% • CAT 39% • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% QQQ 28% • QQQ 179% • TWTR 180% VXX 375% VIPS 118% • WTW 21.9%

Event Calendar

SPY • A Big Week Ahead

Over 130 stocks report, and we hear from the FED’s this week.

Price has been trapped between the bearish red line and the bullish green line for some time now. Thursday and Friday were able to close and hold over the neutral $265 line. Price will be above the 3,8,17 pair this week; the question is will it hold? $267.80 followed by $269.10 will be important for the buyers to move past and the sellers would love to push us back through $265.00

AAPL reports Tuesday, just saying

Last week the VXX chart was not able to put much together, but it is not out of the game. Over $44.40 we could see game.5

Rick’s Trade-Ideas Reserved for Members

30-Day TrialMonthlyQuarterlySemi-AnnualAnnual

Focus Trading Education

Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

To learn more about our trading tools join us in the trading room or consider Private Coaching.

Testimonial

I have been a member of HRC for five years, RWO for three years. I applaud the efforts of all coaches Rick, Doug, Ed and Steve (also fellow members) in helping me become a better trader than I was starting out and I am still learning. Doug reinforces the “Price is King” mantra every day since we traders tend to forget it in the midst of finding the next ‘sure thing’ indicator. Rick, will make us sometimes answer our questions to foster the thinking and quicken the learning process. Over the years, I have been in many trading rooms. I am here to stay. This room and its members are the best. Period!

Fred Narielvala

 

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

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

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