Swing Trade Ideas July, 9 2015

One of Today's Featured Trade Ideas

BDSI/Long (Healthcare)   BDSI has formed a double bottom with the last six trading days forming a bullish flag pattern and a bullish J-Hook breakout.  BDSI is also A Rounded Bottom Breakout Pattern. BDSI has about 50% to the 200 SMA H&R Members can find the trading plan entry, stops, profit targets in the members area.

BDSI Trading Plan  (Entry, Stop, Target)  Click Here

Something to think about:
Rule #9
Candlestick signals don't have to confirm the very next day.
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Swing Trade Ideas July 7, 2015

One of Today's Featured Trade Ideas

TZA was the July 6 featured trade idea, and it has been a profitable day-trading chart and still poised for the swing trader to reach our targets.  In light of the overall market condition, which I think is sad, the best thing we can do is to keep trading as simply and easily as possible.  At this point, I believe a TZA trade fits the bill.  One of the most important things you can do is to make a plan for your trade, a stop, entry and a couple of scenarios for profit taking.

Hit&Run Candlesticks Tip:  Did you know that the most successful traders take profits into strength on a bullish trade and into weakness on a bearish trade?
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Swing Trade Ideas July 6, 2015

One of Today's Featured Trade Ideas

TZA/Long (Small Cap 3xBear)   TZA is lifting off the bottom currently trying to form a bullish J-Hook pattern.  A close over the 50-day simple moving average would make it a Rounded Bottom Breakout pattern.
TZA Trading Plan  (Entry, Stop, Target)  Click Here
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Swing Trade Ideas July 2, 2015

One of Today's Featured Trade Ideas

No featured trade idea ahead of the three-day weekend.  The market is in shambles, volume is low due to everyone cleaning their grill, filling their ice chest and picking out a bathing suit.
From our Hit & Run Candlesticks family, we wish everyone a great weekend.

What some of our Trade Ideas are doing?
SCLN up 11.24% yesterday and up 20.34% overall
SCHN up 13.45% yesterday and up 8.96% overall
EA up 1.16% yesterday and 8.64% overall
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Swing Trade Ideas July 1, 2015

One of Today's Featured Trade Ideas

ANTH/Long    (Healthcare)    On June 11, ANTH was our featured trade idea that is currently up 7.75%.  I am going to feature it again today because of the PBO (pull back opportunity) set up.  ANTH has had consolidation the last few days forming a flag.  The gap down Doji then a gap up yesterday closing above the T-Line and the 20-day simple moving average makes ANTH a bullish opportunity.
ANTH Trading Plan  (Entry, Stop, Target)  Click Here

From the "Members’ Featured Trade Ideas"
ALDR up 12.85% yesterday and up 26.27% overall
AOI up 11.68% yesterday and up 1394% overall
AKBK up 9.82% yesterday and 9.82% overall
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Trade with the best.

Good Morning,
SPY:   The rumor is that Greece agrees to the terms, and the market seems to like it.  I will continue to trade the same way I do most days, and that would be following the chart.  The past five days have been hard on the market.  The SPY has gone from its highs all the way down to the 200-day simple moving average; that kind of bearish move needs to have a bullish reversal pattern to trade on confidence.  Trading volume is likely to be a little weak today and tomorrow due to the three-day holiday.  I personally do not see any reason to get overexcited about any trading till next week.

IWM:   IWM found a little support to rest on yesterday near the 50-day simple moving average but still needs a reversal pattern to become a bullish scenario.  As of right now, the sellers maintain control.  Over the next couple of days, that could change in light of Greece possibly accepting terms, but I do think the best practice is to wait for the chart pattern.

SMH:  SMH got slammed hard dropping to the 200 SMA closing at $54.31 yesterday.  The weekly chart shows a very organized bearish engulf followed by a bearish flag followed by another bearish engulf with a gap down.  The bulls will need quite a bit of good news and a big lunch to get SMH turned back around to bullish.  Watch the $51.95 area.

 IYT:   The Transports continue to show weakness going into the three-day weekend, and I still have a target area of $143.50 to maybe $139.75.

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

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!

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.

Members only Date  Long/Short Try our Membership, Check out the Trading Room
6.30.15 Short Bounce likely
6.29.15 Short Bounce likely
6.25.15 Long Wait for PBO
6.24.15 Long BOPT above T-line
6.23.15 Long Wait for PBO
6.22.15 Long Wait for PBO
6.17.15 Long BOPT above T-line
6.16.15 Long Watch for PBO
6.12.15 Long BOPT above T-line
6.11/7.1 Long BOPT above T-line
6.10.15 Long Close or manage
6.9.15 Long BOPT above T-line
6.3.15 Long Watch for PBO
5.30.15 Long Wait for PBO
5.29.15 Long BOPT above T-line
5.21.15 Long BOPT above T-line
5.20.15 Long BOPT above T-line
5.19.15 Long Caution
5.6.15 Long Caution
4.28.15 Long BOPT above T-line
4.13.15 Long BOPT
6.3.15 Long Hit Target!
7-8-14 Long Looking short

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

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

SMH: A close below the  T-Line ™ implies the bearish short-term swing traders are in control.

IYT: A close below the  T-Line ™ implies the above short-term bearish swing traders are in control.

US Dollar Index: UUP, DXYO A close above the  T-Line ™  implies the bullish 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 June 30, 2015

One of Today's Featured Trade Ideas

FSL/Short    (Technology sector)   FSL has formed a bearish “h” pattern that has closed below the big three.  Looking at a weekly chart, you can also see the bearish “M” pattern forming and a failed high. Today at 9:10 AM, I will be sharing in the live trading room how FSL can be traded for profit.  Those that took advantage of yesterday's featured trade idea, VMC, made a very successful trade.

FSL  Trading Plan  (Entry, Stop, Target)  Click Here

From the "Members Featured Trade Ideas"
ICPT short down 5.99% Friday and down 5.36% overall
AOI up 822.84% yesterday and up 1238.13% overall
MX up 1.04% yesterday and 34.32% overall
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Swing Trade Ideas June 29, 2015

One of Today's Featured Trade Ideas

VMC/Short    (Building materials) VMC has been in a downtrend for about a month now with a failed top last week.  I see a bearish "h" pattern forming with a bearish Doji continuation pattern trying to present itself.

VMC  Trading Plan  (Entry, Stop, Target)  Click Here

From the "Members Featured Trade Ideas"
SHLD short down .57%% Friday and down 30.98% overall
AOI up 3.11% yesterday and up 45% overall
NES up 5.99% yesterday and 31.42% overall
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We will teach you how to fish.
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Swing Trade Ideas June 26, 2015

No Featured Trade Idea Today

Over the past couple of days I have announced in the members’ trading room that my trading plan is for extreme caution and to trade much lighter than normal.  I have closed many positions so I have plenty cash when the market makes a strong decision.  There are some days you can make more money by not trading, and for my trading business, I can make the decision not to trade some days and sit on the sidelines.  And so can you.

From the "Members Featured Trade Ideas"
NES up 9.36% yesterday and up 23.00% overall
KTOS up 4.56% yesterday and up  18.70% overall
SRNE up 3.99% yesterday and 22.96% overall
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Swing Trade Ideas June 25, 2015

One of Today's Featured Trade Ideas

TSU/Long   (Telecom Services)   TSU should be played as a Rounded Bottom Breakout (RBB) that has run and has now pulled back forming a bullish flag.  Yesterday's closing candle was a bullish piercing candle with the T-Line at $16.25 as support.  To learn more on how to trade TSU, check out our 2-week membership trial and join us in the trading room today.

TSU Trading Plan   (Entry, Stop, Target)  Click Here

Are you getting these?  H&R profit traders are…
RMTI up 13.58%,  GEOS up 16.34%,  NKTR up 17.16%

We teach you how to find'em and trade'em.
We start at 9:10 am in the trading room
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