Bullish Morning Star Shows Bullish Follow Through

August 31, 2017 by Rick Saddler

Bullish Morning Star Shows Bullish Follow Through

CHRS (Coherus BioScience) has printed a double bottom with a Bullish Morning Star that is showing Bullish follow through. Price has pulled back from a Shooting Star to test the 50-SMA it Bullishly broke through. Today we are looking at a Pop Out of the Box within a Rounded Bottom Breakout.

Good Trading – Hit and Run Candlesticks

Learn more about Hit and Run Candlesticks, and today’s trade idea and plan plus the 10 or more members trade ideas, starting at 8:45 EST AM every morning with the HOG and then Rick at 9:10 EST. Every day we teach and trade using the T-Line, Candlesticks, Support and Resistance, Trends, chart patterns and continuation patterns.

►Trade Updates – Hit and Run Candlesticks

We added 1 new long yesterday and closed out AMZN short for a profit and closed our TVIX for a 3.6% loss.

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► GRUB - You would be up 28.43% or $1246.00

If you bought 100 shares when we posted to our members on May 30. Hit and Run Candlesticks members practice trade management and trade planning with Price and Candlesticks, The T-line, Trend, Trend Lines, Chart Patterns, Support, and Resistance.

► Eyes On The Market (SPY)

Yesterday, Wednesday, August 31, the Bulls were in the mood to run over a few Bears. The Bullish Belthold had great follow through which led to a close over the big 3 moving averages and the $245.60 line. There are still traps the Bull can fall into before a new breakout so trade wise. Listen to what price is telling you.

► What is a Trade Idea Watch-list?

A trade idea watchlist is a list of stocks that we feel will move in our desired direction over a swing trader's time frame. That time could be one to 15 days for example. From that watch list, we wait until price action meets our conditions for a trade.

Rick’s personal trade ideas for the day MEMBERS ONLY

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Investing and Trading involve significant financial risk and are 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.

Technical Difficulties

August 30, 2017 by Rick Saddler

Technical Difficulties

Please except our apologies we are experiencing technical problems causing us not to get any of our trade ideas sent out.

Good Trading – Hit and Run Candlesticks

Learn more about Hit and Run Candlesticks, and today’s trade idea and plan plus the 10 or more members trade ideas, starting at 9:10 EST AM every morning. Every day we teach and trade using the T-Line, Candlesticks, Support and Resistance, Trends, chart patterns and continuation patterns.

►Trade Updates – Hit and Run Candlesticks

We sold the second ½ of JNUG for a 19.03% profit – I love my job! We also bought MNKD; yesterdays featured trade idea.

We are offering a Full 100% 3-month membership to Hit and Run Candlesticks for $212.50 (Only $70.83 per month) Take what you learn and turn it into extra income or work from home and enjoy the lifestyle while earning an income and creating wealth. Hey, we post charts that thousands make their entire subscription fee back the first day.Swing Trading -Learn More

► ALRM - You would be up 9% or $369.00

If you bought 100 shares when we posted to our members on August 14. Hit and Run Candlesticks members practice trade management and trade planning with Price and Candlesticks, The T-line, Trend, Trend Lines, Chart Patterns, Support, and Resistance.

► Eyes On The Market (SPY)

Yesterday, Tuesday, August 29, the Bulls found themselves holding the cards and pretty much op

ened a can whoop-ass on the bears. Closing yesterday with a Bullish Belt Hold above the 50-SMA. So what’s next? Well, the Bull needs to show strength (follow through) sooner rather than later. Yesterday’s Belthold does not change trading 101; price still needs to close over the resistant line $245.45. I did lower it because of the chart pattern.

► What is a Trade Idea Watch-list?

Rick’s personal trade ideas for the day MEMBERS ONLY

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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.

Shorting The Blue Ice

August 29, 2017 by Rick Saddler

Shorting The Blue Ice

In tonight’s e-Learning 8-29-2017 we will discuss the current state of the market, and Finding and trading the Blue Ice Short from the 50-SMA to the 200-SMA.

The recipe for a winning trade is to follow your plan and the best tools for you. We feel a few of the best tools are: Price Action, Candlesticks, Support and Resistance, Trend Lines, Chart Patterns.

Thank you, Ed Carter

For taking an idea and making it work. Ed created a PCF scan for TC2000 that I have been using to narrow my search and look for a specific chart pattern. Sorry, it’s not the Golden Goose, you still have to do the work.

►Shorting The Blue Ice – TC2000 Code

This scan looks for a stock that has failed the Blue Ice (50-SMA) with the idea of follow through to the 200-SMA. Note there is a high probability of minor relief rallies.

ABS(XAVGC8 – AVGC200) / XAVGC8 > .10 AND

C > AVGC200 AND

C < AVGC50 AND

C > 10 AND

( (H5 > AVGC50.5) OR

(H4 > AVGC50.4) OR

(H3 > AVGC50.3) OR

(H2 > AVGC50.2) OR

(H1 > AVGC50.1) )

►Shorting The Blue Ice – TOS Code

#Blue Ice Failure

# Written by Rick Saddler

# Converted to TOS by Ed Carter

def XAVGC8 = ExpAverage(close, 8);

def AVGC50 = Average(close, 50);

def AVGC200 = Average(close, 200);

def C = close;

def H = high;

plot BlueIceFail = (

AbsValue(XAVGC8 – AVGC200) / XAVGC8 > .10 and

C > AVGC200 and

C < AVGC50 and

C > 10 and

( (H[5] > AVGC50[5]) or

(H[4] > AVGC50[4]) or

(H[3] > AVGC50[3]) or

(H[2] > AVGC50[2]) or

(H[1] > AVGC50[1] ))

);

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.

MNKD – RBB J-Hook Breakout

August 29, 2017 by Rick Saddler

MNKD – RBB J-Hook Breakout

MNKD has presented us with a double bottom followed by a rally into resistance. Consolidated then broke out and closed over the 200-FWL moving average. I would also like to note the tweezer bottom added a nice punch to the double bottom and the 3-day chart has drawn a Doji continuation pattern.

Good Trading – Hit and Run Candlesticks

►Trade Updates – Hit and Run Candlesticks

We sold ½ of out JNUG trade yesterday for a 13.

07% gain, and it looks like we are going to make more $$$. AMZN short is still working but nearing a level that may see a bounce, but will it be enough? X is trending the T-Line (nice) price is approaching the 200-FWL line, so consolidation is likely.

It is amazing how much knowledge you can gain in 3 months about Swing Trading – We are offering a Full 100% 3 month membership to Hit and Run Candlesticks for $212.50 Take what you learn and turn it into extra income or work from home and enjoy the lifestyle while earning an income and creating wealth.Click to Take Advantage

► ALRM - You would be up 9% or $369.00

d Resistance.

► Eyes On The Market (SPY)

Yesterday, Monday, August 28, the Bulls found themselves once again in second place. Yesterday’s candle closed below the open and below our trend line and $245.90. With the weak futures, this morning it looks as if we are deep into the Bearish channel. If the Bulls can’t find a reason to become Bullish $239.50 could be tested. Interesting that $239.50 is the 23.6 retracement from the 2016 November low to the 2017 August high.

► What is a Trade Idea Watch-list?

Rick’s personal trade ideas for the day MEMBERS ONLY

Start your education with wealth and the rewards of a Swing Traders Life – Click Here.

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.

HRB – Bearish “h” Pattern

August 28, 2017 by Rick Saddler

HRB – Bearish “h” Pattern

The Bearish “h” pattern on HRB is causing us to consider this a short trade below $29.65. A few things to consider on the chart: The double top and the Evening Star, the Blue Ice failure and the Bearish “h” Pattern

Good Trading – Hit and Run Candlesticks

►Trade Updates – Hit and Run Candlesticks

Not much change in our trading account, we still have a few longs and a few shorts. Overall we have cut back in our positions to reduce risk; we currently are more into managing what we are in rather than owning anymore. We like it best when the Bull or the Bear is an owner of the market, right now they are wondering them selves.

► TTWO – You would be up 21.88% or $1699.00

If you bought 100 shares when we posted to our members on June 5. Hit and Run Candlesticks members practice trade management and trade planning with Price and Candlesticks, The T-line, Trend, Trend Lines, Chart Patterns, Support, and Resistance.

► Eyes On The Market (SPY)

That 34-EMA and 50-SMA is giving the Bulls a bit of trouble, they can seem to step over them. The short-term trend (using the 8-EMA) is below the 34-EMA suggesting the short term Bears are strong and healthy. Bullish over $245.90 and Bearish under $243.65

With yesterday’s inside day Doji close it would seem the buyers and sellers are still at undecided on a Bullish Breakout or to continue the trend down. With the T-Line below the 34-ema, I must give the game to the sellers, and the buyers are fighting like crazy. Price the most important player on the field is still below the major trend line and below the T-Line and the Bulls have not broken the Lower High Lower Low cycle. We are keeping our inverse ETF list handy.

► What is a Trade Idea Watch-list?

A trade idea watchlist is a list of stocks that we feel will move in our desired direction over a swing trader’s time frame. That time could be one to 15 days for example. From that watch list, we wait until price action meets our conditions for a trade.

Rick’s personal trade ideas for the day MEMBERS ONLY

Start your education with wealth and the rewards of a Swing Traders Life – Click Here.

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.

Janet Yellen Speaks today – Market Up or Down?

August 25, 2017 by Rick Saddler

Janet Yellen Speaks today – Market Up or Down?

(It’s Friday) Janet Yellen speaks today – will the market be up or down? I don’t know about you, but I have no darn clue, so let’s wait and see. It might be a good time to take a look at your trading plan, at least until Miss Janet starts to talk. A personal trade plan is essential to trading wealth and Fridays are a good day to evaluate your trade plan. Do you have a 12-month goal? Do you know how much per trade, per week so you need to meet the 12-month goal? Do you know what trade set ups are best for you? We have found from our coaching that those that live by a trade plan profit more money and have a much higher success rate of increasing their wealth.

Friday is the day we count our money and reflect on our weeks trading. How did we do? How can we improve? Take time today to pause on trading and consider education. Reevaluate your trading goals, are your goals on track?

Good Trading – Hit and Run Candlesticks

Trade Updates – Hit and Run Candlesticks

Not much changed from yesterday – we still have a couple longs and a couple shorts. We really aren’t interested into much until the market is more in our favor.

With on-demand recorded webinars, eBooks, and videos, member and non-member eLearning, plus the Live Trading Rooms, there is no end your trading education here at the Hit and Run Candlesticks, Right Way Options, Strategic Swing Trade Service and Trader Vision.

►Eyes on The Market

I follow the T-Line and the 34-ema regularly, and the combination is flashing warning signs. The SPY, IWM, and the transports all show the T-Line to be below the 34-EMA and any weakness in the QQQ’s today might push the T-Line over. Of course, Janet Yellen is to speak today, and that could change everything. My plan today will be to sit tight and wait.

►What is a Trade Idea Watch-list?

Rick’s personal trade ideas for the day MEMBERS ONLY

Start your education with wealth and the rewards of a Swing Traders Life – Click Here

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.

FB – Bullish Over $171.30 With The Bull Flag

August 24, 2017 by Rick Saddler

FB – Bullish Over $171.30 With The Bull Flag

FB – Bullish over $171.30 with the Bull Flag. FB has seen a nice bullish run with a pullback that is currently holding the $164.30 support line. A breakout of the upper flag line would set FB up to test the recent high and then possibly $180-$190 area. A little bullish help from the market would help – Remember not to force a trade. You don’t work for the trade – the trades work for you.

Good Trading – Hit and Run Candlesticks

►Trade Updates – Hit and Run Candlesticks

Added another long to the trade portfolio so now we are long 4 positions and short 2

► RACE – You would be up 37.28%% or $3140.00

If you bought 100 shares when we posted to our members on May 19. Hit and Run Candlesticks members practice trade management and trade planning with Price and Candlesticks, The T-line, Trend, Trend Lines, Chart Patterns, Support, and Resistance.

► Eyes On The Market (SPY)

► What is a Trade Idea Watch-list?

Rick’s personal trade ideas for the day MEMBERS ONLY

Start your education with wealth and the rewards of a Swing Traders Life – Click Here.

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.

APRI – T-Line Run Flag Pullback

August 23, 2017 by Rick Saddler

APRI – T-Line Run Flag Pullback

APRI – A T-Line Run Flag Pullback is trending and recently broke out of the $1.48 resistance line and has now pulled back on Bullish profit taking. Price has also pulled back while staying above the V-Stop. Price has also cleared the Dotted Duece and may be ready to take on the 200-SMA. We will be using the Rounded Bottom Breakout Strategy. Until the price is over the 200-SMA.

Good Trading – Hit and Run Candlesticks

►Trade Updates – Hit and Run Candlesticks

Added another long to the trade portfolio so now we are long 4 positions and short 2

► OSUR – You would be up 72.97%% or $880.00

If you bought 100 shares when we posted to our members on March 23. Hit and Run Candlesticks members practice trade management and trade planning with Price and Candlesticks, The T-line, Trend, Trend Lines, Chart Patterns, Sup

port, and Resistance.

Learn The Life Of A Swing TraderLimited Time Offer - Annual Membership 15% Discount

► Eyes On The Market (SPY)

We did get relief bounce as we thought we would and a darn good one at that. Unfortunately, it did not close over major resistance, so the Bulls have a great deal more work to do. The upper down trend line is still in play for the sellers and price is still above the cl

oud on a Morning Star signal (2-Day) chart. The sellers have the upper hand as far as the market goes as we start the day. There are many individual long trades that look great. But we are going to keep our inverse ETF list handy.

► What is a Trade Idea Watch-list?

Rick’s personal trade ideas for the day MEMBERS ONLY

Start your education with wealth and the rewards of a Swing Traders Life – Click Here.

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.

Finding and Trading The T-Line Bounce

August 22, 2017 by Rick Saddler

Finding and Trading The T-Line Bounce

In tonight’s e-Learning 8-22-2017 we will discuss the current state of the market, charts and Rick will share a scan that are tending with a run of 10% and near the T-Line. The recipe for a winning trade is to follow your plan and the best tools for you. We feel a few of the best tools are: Price Action, Candlesticks, Support and Resistance, Trend Lines, Chart Patterns.

Thank you, Ed Carter

For taking an idea and making it work. Ed created the scan for TC2000 and TOS that I have been using to narrow my search and look for a specific chart pattern. Sorry, it’s not the Golden Goose, you still have to do the work.

►T-Line Bounce / TC2000

This scan looks for a stock that has been trending for at least a month. In

that time it will have run up at least 10%. On top of these conditions, it

finds stocks that have bounced up off the T-line in the last 4 days.

Bullish
——————————————————————————-
TC2000

(((C3 – C25) / C25) > .10) and
C > XAVGC8 and
( ((L – XAVGC8) * .06) or
((L1 – XAVGC8) * .06) or
((L2 – XAVGC8) * .06) or
((L3 – XAVGC8) * .06) )

——————————————————————————-
TOS

# Bouncing Off T-line
# Written by Rick Saddler
# Converted to TOS by Ed Carter
#
def C = close;
def L = low;
def XAVGC8 = ExpAverage(close, 8);
#
plot TlineBounce = (
(((C[3] – C[25]) / C[25]) > .10) and
( ((L – XAVGC8) * .06) or
((L[1] – XAVGC8) * .06) or
((L[2] – XAVGC8) * .06) or
((L[3] – XAVGC8) * .06) ) and
C > XAVGC8
);

Bearish
——————————————————————————-
TC2000

(((C25 – C3) / C3) > .10) and
C < XAVGC8 and
((H – XAVGC8) * .06) or
((H1 – XAVGC8) * .06) or
((H2 – XAVGC8) * .06) or
((H3 – XAVGC8) * .06)

——————————————————————————-
TOS

# Bouncing Off T-line Bearish
# Written by Rick Saddler
# Converted to TOS by Ed Carter
#
def C = close;
def H = high;
def XAVGC8 = ExpAverage(close, 8);
#
plot TlineBounce = (
((((C[25] – C[3]) / C[3]) > .10) and
C < XAVGC8 and
((H – XAVGC8) * .06) or
((H[1] – XAVGC8) * .06) or
((H[2]- XAVGC8) * .06) or
((H[3] – XAVGC8) * .06)
);

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.

IDXG – Pullback (PBO) Bullish Engulf

August 22, 2017 by Rick Saddler

IDXG – Pullback (PBO) Bullish Engulf

IDXG – Has presented a Pullback (PBO) Bullish Engulf yesterday after a strong rally into the Rounded Bottom Breakout strategy. The recent price action has rallied above the recently constructed bottom and our big 3 moving averages. The T-Line is above its highest 20-day high. A (PBO) is when stock rallies and prints a candlestick buy signal within the pullback. (Note we posted IDXG in StockTwits.com before the Bullish Engulf was finished and before we bought it. Look for Hit and Run Candlesticks and Right Way Options on StockTwits.com

Good Trading – Hit and Run Candlesticks

►Trade Updates – Hit and Run Candlesticks

We picked up two more longs yesterday (IDXG) and (MDXG) they both started to act very positively.

e-Learning Tonight August 22 • 8PM EasternLogin ►Click Here at Least 15.Min. Early

► TECK - You would be up 22.14% or $431.00

If you bought 100 shares when we posted to our members on July 24. Hit and Run Candlesticks members practice trade management and trade planning with Price and Candlesticks, The T-line, Trend, Trend Lines, Chart Patterns, Support,

and Resistance.

► Eyes On The Market (SPY)

Yesterday we mentioned that the SPY might be ready to bounce a little as it kept trying to form a little Hammer. At this point, there is not any kind of reversal pattern so right now we can only see a possible short term relief rally. Careful not to get sucked into the bullish tunnel without the clues.

► What is a Trade Idea Watch-list?

Rick’s personal trade ideas for the day MEMBERS ONLY

Start your education with wealth and the rewards of a Swing Traders Life – Click Here

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.