Four Bar Rest Bullish Harami
Four Bar Rest Bullish Harami
Four bar rest Bullish Harami, SPRINT bolted out of a Bullish Scoop pattern a few days ago and had been resting the past 4 bars. Yesterday rested with a new low and came back closing with a bullish Harami. The weekly chart paints a good picture of challenging resistance and winning, also take note of the weekly Bullish Morning Star. With SPRINT reporting on May 2, one must trade carefully.
[button_2 color=”blue” align=”center” href=”https://ob124-3f9f74.pages.infusionsoft.net/” new_window=”Y”]Stochastics • RSI • Workshop[/button_2]STOCHASTICS-RSI For a Sharper EDGE
PANW: Entry on 3/29 @ $182.43 • Exit on 3/13 @ $192.78
ADBE: Entry on 3/6 @ $213.57 • Exit on 3/13 @ $223.68
BA: Entry on 1/5 @ $298.61 • Exit on 1/18 @ $346.73
Stochastics -RSI as been widely used by many but none with the accuracy and consistency of my good friend and colleague Steve Risner. Steve will be sharing how he uses Stochastic/RSI and a grouping of 3 moving averages to trade for a living. Steve will proudly show you one of his accounts that he increased from $51,642 to $55,807 in one month. Would learning more about STOCHASTICS/RSI be good for you?
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
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 • Earning Season is Here
Yesterday the SPY closed its price between it’s T-Line, and it’s 50-SMA, the buyers are slow pushing price higher, simply put they will continue until the sellers stop them. It is very imported we follow and listen to what price tells us. Although we do not want to react with every little tic of the chart, we don’t want to hold on to our emotional belief if price is clearly saying something else. It’s goals for the SPY to keep the sellers at bay. 1) Close over the 50-SMA, 2) close over $271.50, 3) close over $ 275.90, 4), close over $279.50.
****Earnings Season is Heating Up*****
The VXX is now on a path to about $40.00 – $37.00
Rick’s Trade-Ideas Reserved for Members
30-Day Trial • Monthly • Quarterly • Semi-Annual • Annual
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.
*************************************************************************************