Plenty Bullish Charts With Solid Bullish Continuation Patterns

(SPY) – One thing is for sure; there are plenty bullish charts with solid bullish continuation patterns. RBB’s, mini cups and Handles, Flags, PBO’s, trends with pull back to support

Price action has rallied back above the T-Line and the upper T-Line Band. Bulls seem determined to keep the price from dropping. Between today, Wednesday of Thursday we should see a pullback to retest some of the recent 3-day moves.

FREE TRADE IDEA – SYNT

SYNT has walked into one of our RBB traps. And now above the lower resistance. Price is forming a POP out of the box price formation on the 1, 2, and 3-day charts. The dotted deuce and the deuce are overhead.

Take a look at the 2 and 3-day chart too, they can be very helpful. A tonight’s training workshop ask me about one of my tricks to managing a chart once in it.

Did You Know

AAOI was a members trade idea on May 5? The trade was simple, recognize the breakout, buy the Doji Continuation pattern. Set your stop and let the chart work.

100 Shares and you would be up $1528 at yesterday’s close

With on-demand recorded webinars, eBooks, and videos, member and non-member eLearning, plus the Live Trading Rooms, there is no end your education. Start small and learn

What are you doing this Summer? 3 months of summer could change your life forever!

• Would you like to learn – How to find the charts to trade that create a second income?
• Would you like to learn – How to manage trades for $100, $250, $500, a week?
• Would you like to do this just a few hours a day?

Hit and Run Candlesticks can help you with this for $70.83 per month / 3 months $212.50 / $212.50 to learn something you get to keep, something that could change your live forever.

What is a Trade Idea Watch List?

A trade idea watch list 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.

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not 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 advise to anyone except for the trading desk of Hit and Run Candlesticks Inc.

Price and The T-Line Close Below The 20-SMA

(SPY) – Proceed with caution with price and the T-Line close below the 20-SMA. Price and the T-Line below the 20-SMA is a warning sign. It is true the Bulls brought price from $236.77 to close Friday at $238.31 an increase of $1.54, but they also brought price to the resistance line where the Bears will try defend what’s there’s. With Friday’s closing price below the T-Line and the T-Line below the 20-SMA, the sellers have an edge unless the Buyers can push and close the price above $239 at the bare minimum.

FREE TRADE IDEA – NSU

NSU became a Rounded Bottom Breakout chart pattern Friday when it closed over the 50-SMA. Price gaped Friday from consolidation and a Bullish Harami. The 2-day chart has printed a Bullish Hammer and the weekly chart has a Bullish Engulf, Engulfing the Hammer.

The Pop Out of The Box Workshop has three remaining packages left at the 15% discount. Tomorrow we will be putting them back on the shelf with the $247.00 price.

Did You Know

SSYS was a members trade idea on April 12, 2017? SSYS rallied 45% before the pullback.

With on-demand recorded webinars, eBooks, and videos, member and non-member eLearning, plus the Live Trading Rooms, there is no end your education. Start small and learn

What is a Trade Idea Watch List?

A trade idea watch list 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.

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not 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 advise to anyone except for the trading desk of Hit and Run Candlesticks Inc.

SPY Has Given Back Gains That Took 17 Days to Build

(SPY) –  In one day this week, the SPY has given back gains that took 17 days to build. Closing back below the 34-ema and dropping out of the Lower T-Line Band will require the Bulls to work a little harder to rebuild. The 2 and 3-day charts show a Bearish Engulf with strong volume which suggests the Bears gathered their troops.

Above $238.07 would put price in the top half of this week’s drop and back above the T-Line.

FREE TRADE IDEA

– It’s Friday, no trade idea today but I do have a few trade I will share with our subscribers in our morning pre-market meeting.

Pop Out of The Box Plus Trading with Volatility Stops

The Workshop last night was a huge success, Doug Campbell Our Options partner taught how to use the Pop Out of The Box Pattern and using Volatility Stops to trade. Doug also presented everyone with six bonus files plus the recording to help with your trading education. Plus a 30-day Workshop Follow-Up Workshop.

Participants of the workshop received:

1. A complete recording
2. Adding Volatility Stop on TC2000
3. Core ETF List
4. ETF Core Inverse List
5. Pop Out of The Box Pattern Workshop 5-18-17
6. TC2000 Workshop Scans
7. Volatility Stop Indicator for TOS

We still have 17 complete packages left at the 15% discount

With on-demand recorded webinars, eBooks, and videos, member and non-member eLearning, plus the Live Trading Rooms, there is no end your education. Start small and learn

What is a Trade Idea Watch List?

A trade idea watch list 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.

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not 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 advise to anyone except for the trading desk of Hit and Run Candlesticks Inc.

Bulls Walk Up the Stairs-Bears Jump Out the Window

(SPY) –  How’s that Bullish wall of worry working now? It’s amazing how the bulls walk up the stairs, and the Bears jump out the window. You have to love panic and fear.

The gap down yesterday and the panic it caused will likely cause the SPY to test the March and April lows. The 2 and 3-day charts have painted a very hungry Bearish Engulf. I took a peek at the cloud chart, and the hourly, 2-hour and 4-hour have broken down and now flying below the cloud, and the daily will fly into the cloud today.

Yesterday I pointed out how the VIX was set up to rock the trading world and boy did it. Closing over its 200-sma puts it in a position to test upper downtrend line starting back in January this year.

FREE TRADE IDEA-MU (short)

MU – Micron Technology has enjoyed a sweet profitable run, but it may be time for those winners to cash in. April and Marches trading failed to push past Aprils high and with yesterday’s price action the chart id forming a Bearish “M” pattern. The weekly chart has presented us with a Bearish Engulf with a possible 20% target direction.

The UVXY trade was a HUGE WINNER for so many subscribers, entered on the Doji May 16, and sold May 17, for a 26.83% trade. We plan to revisit UVXY when the opportunity appears.

With on-demand recorded webinars, eBooks, and videos, member and non-member eLearning, plus the Live Trading Rooms, there is no end your education. Start small and learn

What is a Trade Idea Watch List?

A trade idea watch list 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.

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not 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 advise to anyone except for the trading desk of Hit and Run Candlesticks Inc.

Bears Seizes Yesterday’s Failure To Breakout

(SPY) –  .  The Bears seizes yesterday’s failure to breakout with Bullish follow through as a chance to step into the light. On May 10, “I wrote last week’s Channel is looking to get tested. I put the top channel line about $238.80 and the bottom about $237.70”. At the moment, the morning futures are between the two numbers. Below $237.70 would put enough pressure on the SPY to test the $235.50 area, and this may not be in the best interest of the Bulls and the 2017 summers future.

A weak close today below $280.80 would drop price below our lower T-Line Band, a close below the Lower T-Line Band could start the slide to test the lower numbers and set the course for the summer.

Over the past six trading days, the VIX has drawn a Doji and Bullish Engulf pattern followed by a follow through gap, then a PBO to support creating a Bullish Inverted Head and Shoulder bottom. On the 4-hour chart, I see a PBO Morning Star signal with price and Volatility Stop support.

Yesterday before the close I announced to the trading room I was buying UVXY, I am long at $11.72. My plan today will be no new buys, just manage what I have and build on a watch-list.

FREE TRADE IDEA – TZA

TZA – If you remember, on April 27, I recommended to Hit and Run Candlesticks Inc. trading account to buy TZA. Hit and Run Candlesticks did and still owns ½.The Bullish Morning Star on the daily chart and the Bullish Engulf on the 2 & 3-day charts have pushed price to resistance, and now the consolidation could be nearing an end.

With on-demand recorded webinars, eBooks, and videos, member and non-member eLearning, plus the Live Trading Rooms, there is no end your education. Start small and learn

What is a Trade Idea Watch List?

A trade idea watch list 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.

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not 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 advise to anyone except for the trading desk of Hit and Run Candlesticks Inc.

The T-Line Continues to Trend Higher with a Slow Grind Price Leading

(SPY) –  The T-Line continues to trend higher with a slow grind with price leading. The Bulls keep clawing their way up the wall of worry. On the SPY’s daily chart a Bullish trend continuation J-Hook pattern is being printed. Yesterday’s candle put the last three days’ pattern in the same family as the Bullish Morning Star. You can also see this on the 2-day chart and a Bullish Engulf.

Yesterday the SPY closed at an all-time new high breaking back above our upper T-Lind Band, on the 3-day chart the SPY has closed above the upper T-Lind Band the past 6 bars. All this was made possible with the help of the 11 S&P-500 Spiders I follow closing above the previous days close.

FREE TRADE IDEA – CEMP

CEMP – Has constructed a Bullish Reverse Scoop Pattern along with a Bullish “w” pattern and a double bottom. The chart could be ready to break above the recent resistance and to our dotted Deuce. On May 2^nd we posted VRX to or subscribers, nine days later it is up 46.69%

On our trade ideas tracking list Hit and Run Candlesticks has produced five trades above 30% – 6 trades above 20% – and 19 trades between 10% and 19%.

With on-demand recorded webinars, eBooks, and videos, member and non-member eLearning, plus the Live Trading Rooms, there is no end to your education. Start small and learn

What is a Trade Idea Watch List?

A trade idea watch list 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.

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service

BW Is Now Above the Second Layer of Resistance

BW Is now above the second layer of resistance, and the RBB chart pattern has developed well. This week I will be waiting for a clue that the buyers have finished their profit taking.

The Market

(SPY) –  The Bulls managed to close with a Doji on support. Friday was the fourth day in a sellers pullback that found support near our $238.80 support line.

With the Cyber attack, this weekend here is a few stocks to keep an eye – don’t chase. CSCO, FEYE, SYMC, CHKP, PANW, CYBR, VDSI, and HACK

SPDRS Select Sector Technology (SPY ETF) has remained strong and steady while the other nine have are undecided to weak.  Utilities and Healthcare are trying to show signs of Bullishness, let’s let them prove it first.

Learn from Charts

On April 12 we posted to the Hit and Run Candlesticks Members HDP we setting up to push higher. It’s now into the void. Congratulations to the holders of HDP your up now 22%. Remember to talk a few profit along the way.

What is a Trade Idea Watch List?

A trade idea watch list 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.

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service

Price Below the Upper T-Line Band is a Warning

(SPY) –  Price below the Upper T-Line Band is a warning, price below the Lower T-Line Band is a clue the Bears out number the Bulls. On May 11 I wrote, “ Last Weeks-Channel Looking to Get Tested  I put the top channel line about $238.80 and the bottom about $237.70.”

Yesterday the sellers were a mission to drive the price lower. However, the Bulls rallied back on a Tweezer Bottom closing the day with a Hammer at $239.38. Candlestick tip: Hammers require confirmation. Bases on the early morning numbers it looks like we are going to open inside the T-Line Bands and inside the Hammer handle.

Yesterday WAC gave an early morning entry then rallied 19%, WAC took out 2 of our targets.

FREE Trade Idea – SPWH

SPWH Has been constructing a reversal bottom for the past two months. This week SPWH broke out of a Bullish “W” pattern and Wednesday it became a Bullish Rounded Bottom Breakout. Traded and managed correctly I see a possible 20% plus trade.

What is a Trade Idea Watch List?

A trade idea watch list 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.

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service

 Price And The T-Line Still Have a Bullish Attitude

(SPY) – Price and the T-Line still have a bullish attitude; The T-Line still has a bullish lift to it and price is not applying down pressure, at least as of yesterday’s close. Keep your eye price action, watch and listen to the story it tells.

We are finding that no matter what the indices do we can find a chart (s) that finds their path to bullishness. IPXL up 17% – SEDG up 30% – TDOC is 40% – VRX up 31% – these are trades that our members have been able to trade because the are trades we had presented to them before they made their move.

FREE Trade Idea – WAC

WAC painted a Bull Kicker yesterday and stepped into the Rounded Bottom Breakout circle. I also see a Morning Star and a Doji Continuation signal on a 3-day chart.

Members Swing Trade Ideas Click Here

What is a Trade Idea Watch List?

A trade idea watch list 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 30 days for

example. From that watch-list, we wait until price action meets our conditions for a trade.

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service

Campbell or this website is not financial or trading advice. All information is intended for Educational Purposes Only.

Last Weeks-Channel Looking to Get Tested

Based on yesterday’s Bearish Engulf on the SPY chart, last week’s channel is looking to get tested. I put the top channel line about $238.80 and the bottom about $237.70. As of yesterday’s close, the bullish trend remains in tack, a close below the channel top line would put a little pressure on the Bulls and a close below the bottom line would give the Bears the advantage. The Bulls had a terrific chance to breakout but gave up, kind of makes a swing trader wonder.

FREE Trade Idea – WLH

WLH printed a Bullish Engulf yesterday breaking out of J-Hook continuation pattern. WJH is also finishing a bullish Cup and Handle pattern. This will be an easy chart to trade with a plan and the correct tools. We will talk more about the trading tools with our members.

Charts To Study For Education– KRO

KRO has trended 41% from the time we shared this trade with our members. There have been several chances to trade KRO along the way. Currently, on the 2-day chart, the Bullish Morning Star suggest the buyers still outnumber the sellers.

Members Swing Trade Ideas

10-15 Swing Trade Ideas are shared with members each day

What is a Trade Idea Watch List?

A trade idea watch list 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 30 days for example.

From that watchlist, we wait until price action meets our conditions for a trade.

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service

Campbell or this website is not financial or trading advice. All information is intended for Educational Purposes Only.