Trade Ideas February 26, 2015

Today's Swing Trade Ideas

MOBI/Long (Technology ) MOBI printed an impressive hammer 18 days ago followed by a 27% profit run.  Recently, MOBI has found itself in a pull back printing a higher low with a couple of Dojis followed by a Bullish Engulf that ran through the big three closing over the T-Line.  This is another high probability money-making rounded bottom breakout (RBB Pattern).
Click Here to learn more about the RBB Pattern.

Possible entry plan idea:  Buy box entry between $3.93 and $4.31 for the breakout buyers.
Possible stop plan idea:  A close below $3.93

Learn to trade 10%-30% swings

More on how to trade MOBI in the Live Trading Room  9:10 AM Eastern Trading Room.
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A BIG THANK YOU to all that visited the open trading room this week.  We hope to see you in the trading room for the last open day.  Please tell a friend and bring them with you.  Again, thank you to all who made this last week very enjoyable.  Rick

CLICK HERE to enter the Trading Room

Or http://hitandruncandlesticks.omnovia.com/room1

Good Morning, 

SPY:  Yesterday was a little touch-and-go on who is going to come out ahead, the sellers or the buyers.  The buyers managed to close Continue Reading

Swing Trade Ideas February 26, 2015

Today's Swing Trade Ideas

GDP/Long (Oil and gas ) GDP Is currently painting a J-Hook continuation pattern coming out of the rounded candlestick bottom and is currently a Hit-And-Run Candlestick Rounded Bottom Breakout (RBB)
Click Here to learn more about the RBB Pattern.

Possible entry plan idea:  Buy box entry between $4.18 and $4.75 for the breakout buyers.
Possible stop plan idea:  A close below $4.28
Learn to trade 10%-30% swings

More on how to trade GDP in the Live Trading Room  9:10 AM Eastern Trading Room.
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Tuesday night's member e-learning has been posted in the members’ area of the website under the members’ blog.  It has also been posted on YouTube.  You can find the video by going to the Hit-And-Run Candlestick home page and clicking on the red YouTube button on the top right.

Good Morning, 

SPY:  Another close above the T-Line, so that makes 15 consecutive trading days leading the T-Line higher and higher.  $211.55 was the Continue Reading

Swing Trade Ideas February 25, 2015

Today's Swing Trade Ideas

CTCM/Long (Broadcasting ) CTCM printed a 12.32% Bullish Engulf yesterday following a five bar pullback to the T-Line after a pair of Doji's.  Yesterday CTMC became a rounded bottom breakout.

Possible entry plan idea:  Buy box entry between $4.28 and $6.62 for the breakout buyers.
Possible stop plan idea:  A close below $4.28

Learn to trade 10%-30% swings

More on how to trade CTCM in the Live Trading Room  9:10 AM Eastern Trading Room.

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Closed FSLR yesterday 417.81% profit

For a few in the trading room VPCO and GTLS were winners, great job on those trades.

Good Morning, 

SPY:  Another bullish close for the spy running along the upper side of the T-Line.  As of yesterday there is no change to our first target of mid-$213. The last six Continue Reading

Swing Trade Idea February 24, 2015

Today's Swing Trade Ideas

MUR/Long (Oil and gas ) MUR formed a Bullish Belthold February 19 followed by a Doji then a Bullish Engulf yesterday that closed above the T-Line.  MUR has also become a Rounded Bottom Breakout (RBB)

Possible entry plan idea:  Buy box entry between $47.40 and $50.75 for the breakout buyers.
Possible stop plan idea:  A close below $47.40

Learn to trade 10%-30% swings

More on how to trade MUR in the Live Trading Room  9:10 AM Eastern Trading Room.

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***Thanks to the members that are in the trading room for their post of FSLR last week.  Many of us are already in a position as the stock gaps up this morning.  Remember, gaps are gifts, so don't be afraid to take some profits.

Good Morning, 

SPY:  Special note: Janet Yellen is to speak at 10 AM Eastern today.  Yesterday was another bullish-weighted day with price closing in Continue Reading

Swing Trade Ideas February 23, 2015

Today's Swing Trade Ideas

RUBI/Long (Technology ) Longer-term RUBI is forming a cup and handle.  The handle started to reverse and take shape in early February making a high followed by a PBO making a lower high followed by a rally that is currently closing over the T-Line.  Note the bullish Doji sandwich which equates to a bullish continuation pattern.  Possible targets would be about $18.80 and $20.50.

Possible entry plan idea:  Buy box entry between $16.67 and $17.70 for the breakout buyers.
Possible stop plan idea:  16.67

Learn to trade 10%-30% swings

More on how to trade RUBI in the Live Trading Room  9:10 AM Eastern Trading Room.

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Good Morning, 

SPY:  Based on the early morning futures, we should see an inside open. Friday the buyers had the Continue Reading

Swing Trade Ideas February 20, 2015

Today's Swing Trade Ideas

DNR/Long (Oil and Gas) DNR, a Hit-and-Run Candlestick Rounded Bottom Breakout has formed a double bottom followed by a breakout over the construction area.

Possible entry plan idea:  Buy Box Entry between $8.45 and $9.30
Possible stop plan idea:    For now, a close below the T-Line

Learn to trade 10%-30% swings

More on how to trade DNR in the Live Trading Room  9:10 AM Eastern Trading Room.

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Good Morning, 

SPY:  There’s not much change from yesterday.  The buyers and the sellers managed to keep price in the same area closing down only 15 cents from the Continue Reading

Swing Trade Ideas February 19, 2015

Today's Swing Trade Ideas

CSCO/Long (Communication Equipment) A few days ago, CSCO gapped on positive earnings then consolidated for the last three days above the gap candle low (28.84).

How to trade CSCO- Entry, Stop & Profit, Candlesticks signals and patterns in the Live Trading Room  9:10 AM Eastern Trading Room.

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Good Morning, 

SPY:  Watch for a choppy, whippy market as profits are pulled and protected out of the market. Consolidation is due.  The SPY has remained bullish for the last Continue Reading

Swing Trade Ideas February 18, 2015

Today's Swing Trade Ideas

SYK/Long (Medical Devices) SYK There is evidence of support near the $91 area and about four days ago broke out of the downtrend line of the descending triangle. SYK attempted to test the $100 area on December 23.  The chart is showing signs of heading that direction again.

How to trade SYK- Entry, Stop & Profit, Candlesticks signals and patterns in the Live Trading Room  9:10 AM Eastern Trading Room.

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Good Morning, 

SPY:  Eleven days ago, price was treading water underneath the big three and the T-Line wanting to be bullish.  As of the close Continue Reading

Swing Trade Ideas February 17, 2015

Today's Swing Trade Ideas

EXXI/Long (Oil & Gas) EXXI is a Hit-And-Run Candlestick Rounded Bottom breakout with a PBO signal last Wednesday.  Coming off of a double bottom, EXXI appears to be headed to the $6.25 area over the next several days,  approximately a 55% move if traded correctly.

Entry, Stop & Profits, Candlesticks signals and patterns:  How to trade EXXI in the Live Morning comments 9:10 AM Eastern in the Trading Room.

Those that traded ADHD with us in the trading room and held to your plan were rewarded Friday with a beautiful chart set-up with a bullish double bottom and a great close on Friday and a four-week flag development.  FYI, check out the weekly chart.

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Good Morning, 

SPY:  Bullish T-Line run for the past nine trading days.  The T-Line now leads above the 20-day simple moving average and the 50-day simple moving Continue Reading

Swing Trade Ideas February 13, 2015

Today's Swing Trade Ideas

SM/Long (Energy) SM has broken out of the construction base at about $40, you can see the higher lows prior to the breakout as well as several candlestick patterns and signals.  SM has had profit taking with a PBO signal hinting that higher prices are ahead with a J-Hook trying to form.

Learn more in the Live Morning Comments
Entry, Stop & Profits, Candlesticks signals and patterns. How to trade SM in the Live Morning Comments 9:10 AM Eastern in the Trading Room

Below is part of an email I received last night from a member.
Hello Rick.
I enjoyed the two free membership weeks, so much that I subscribed on Tuesday, three days ago, for an annual membership. That membership paid for itself in 2.5 days at noon today.
Mark - Mark is real and in the trading room
Become a member Today

Good Morning, 

SPY:  The SPY finished the day in perfect form into the close and closed at $208.92 with a seven day T-Line run with a two-bar low and the bullish morning star signal followed Continue Reading

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