Swing Trade Ideas March 5, 2015

Today's Swing Trade Ideas

MILL/Long (Oil & Gas)  After a 100% run, MILL has pulled back to the 34 EMA.  The last seven candlesticks are showing how the buyers are stopping the pullback.  Notice the Bullish Engulf six days ago and how the following trading has been contained above the Bullish Engulf's low.  Yesterday’s doji set up the pattern for a Doji Sandwich.

Possible entry plan idea:  Above $1.68
Possible stop plan idea:  A close below $1.68

Learn to trade 10%-30% swings

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

Recent RBB setups that would have made your day!
(ICPT 41%)  (AVEO 25% and 32%) (SN 42%)  (ISR 17%) (SWCH 24%) (MOBI 22% and looking for more) (AMRN 22%)  (MDR 27%), (GTLS 25%), (MILL 50%), (VIP 32%)
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Good Morning, 

SPY:  After gapping down yesterday, the SPY found support at the 20-day simple moving average as well as the 23.6 retracement Continue Reading

Swing Trade Ideas March 4 2015

Today's Swing Trade Ideas

MILL/Long (Oil & Gas)  After a 100% run MILL has pulled back to the 34 EMA, the last seven candlesticks are showing how the buyers are stopping the pullback.  Notice the Bullish Engulf six days ago and how the following trading has been contained above the Bullish Engulf's low.

Possible entry plan idea:  Above $1.68
Possible stop plan idea:  A close below $1.68

Learn to trade 10%-30% swings

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

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Good Morning, 

SPY:  Over the next few days, we may see a choppy SPY and market.  Intraday yesterday gave everyone a bit of a scare, but the buyers Continue Reading

Trade Ideas March 3, 2015

Today's Swing Trade Ideas

CSCO/Long (Communication index)  CSCO was a featured trade idea back on February 19.  As you can see, there were a few days of consolidation and then yesterday printed a Bullish Engulf suggesting the buyers are still interested.  Continue to hold while moving your stop up to protect profits and watching for candlestick sell signals for profit taking targets.

Possible entry plan idea:  Above $29.92
Possible stop plan idea:  A close below 29.64

Learn to trade 10%-30% swings

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

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Good Morning, 

SPY:  The T-Line acted as support for the seventh time in the last 19 trading days in the SPY.  The current trend is obviously bullish and Continue Reading

Swing Trade Ideas March 2, 2015

Today's Swing Trade Ideas

NOG/Long (Energy sector )  In the last seven trading days, NOG has printed a double bottom, bullish piercing candle, five days of consolidation and a bullish morning star signal.  Friday's wick and not being able to close over the recent high could be a deal breaker, so for that reason we are using a breakout signal for entry.

Possible entry plan idea:  Above $9.00
Possible stop plan idea:  A close below The T-Line

Learn to trade 10%-30% swings

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

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Good Morning,

SPY:  It is very important today to keep your eye on what price does in relationship to the T-Line.  The last three candlestick signals Continue Reading

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

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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

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