Trade Ideas October 2, 2014

 Today's Swing Trade Ideas

CAMP (Communication Equipment) CAMPIs breaking down from a downward base and a blue ice failure pattern on the daily chart.  The weekly chart is also below the 50 period  Moving average and looks to be headed toward the 200 simple moving average.

My entry plan idea:   Will be to wait for a relief rally in short this trade at a better price, near 16.90 maybe

My stop plan idea:  Bullishness over 15.51 Continue Reading

Trade Ideas October 1, 2014

Today's Swing Trade Ideas

LYB (Specialty Chemicals) has formed a RTB (rounded top breakdown) and a blue ice failure. LYB is in the process of putting in lower highs and yesterday closed back below the 50-day moving average on pretty good volume. With continued weakness and bearish follow-through, an $8 to $12 drop is very possible.

My entry plan idea:   I would prefer to short on an inside day, but I might have to settle for weakness below yesterday’s close with a caution not to chase it. I may be able to pick it up on a relief rally.
My stop plan idea: Today it will be completely dependent on where the buy is, but anything above the 50-day moving average would suggest the buyers are back in town.

Good Morning,

I have two ticker symbols I would like to share with you. The first one is the Vanguard Total Stock Market ETF VTI. If you open up your charts with VTI, you can see how this correction started with the candlestick bearish engulf, had follow-through and is currently below the 50-day moving average and has consistently been below the T-Line. Another chart I would like to share is the
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Trade Ideas September 30-14

Today's Swing Trade Ideas

NQ (Technology Sector Software Application) NQ Is a rounded bottom breakout with about 20% to the first target of the July 30 high and about 60% to the 200 day period moving average. NQ started with a Bullish Engulf on July 18 followed up with a rally and then consolidated along the big 3 for a couple of months. Over the past two weeks we've seen a double bottom, Bullish Engulf, bullish consolidation with follow-through.

My entry plan idea: (Long on September 23) I will add to NQ on consolidation in the buy box or a bullish breakout.

My stop plan idea: Current stop plan is a close below $6.30

  • NQ, GPRO, BLOX, HIMX big hits from the H&R trading room several days ago ahead of the crowed.

 

Member E-learning tonight at 8 PM EST in the live trading room.

FYI, the trading room password will be changing after E-learning.

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Trade Ideas September 26, 2014

Today's Swing Trade Idea

No featured trade idea today
My entry plan ideas:

Good Morning,
SPY: It's my opinion the market is beginning to form a top and we should see price fall further yet. It's also my opinion that we will see relief along the way. Until I see a bullish bottom constructed, I will lean toward more short setups and inverse ETF long trades. I will pick up a few long trades, but I will also tighten up my rules on profit taking and stops.

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Trade Ideas September 25, 2014

Today's Swing Trade Idea

BLOX (Technology Sector Communication Equipment) Yesterday confirmed a Bullish Engulf closing over the T-Line and the 20 day simple moving average in Our Rounded Bottom Breakout chart pattern. With 40% to the 200 day simple moving average and 20% to the 17.15 mid-target I think we can all profit. In $1000 investment at 20% would make a $200 profit. A $10,000 investment at 20% would make it $2000 profit.

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Trade Ideas September 24, 2014

Today's Swing Trade Idea

GPRO (Consumer Cyclical Sector Leisure) GPRO has formed a bullish J-Hook breakout over the recent high of $76.25. $80.00 is a good near-term target with the possibility of $84 in the near to medium term.

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Trade Ideas September 23, 2014

Today's Swing Trade Idea

MU (Technology Sector Semiconductor Memory) MU has been forming a top with lower highs with a bearish evening star formed at the big three and T-Line leading down below $29.50. The 200-day simple moving average becomes the target.

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Trade Ideas September 22, 2014

Today's Swing Trade Idea

TZA (Small Cap Bear 3X) Also featured on September 5, TZA has now formed higher lows and higher highs. Friday's close is set to launch the higher high today. The bullish rising method painted in the TZA picture will try to launch price into the low $16 area and then maybe try to sneak to the 200-day simple moving average. This would be about a 12-1/2% swing trade from the featured date.

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Trade Ideas September 19, 2014

Today's Swing Trade Idea

ARNA (Healthcare Sector Biotechnology) The candlesticks are showing a double bottom yesterday, and ARNA had a 9.49% move closing close to the 50-day simple moving average. This could be a sign that the bottom is starting to build, and the rally we are looking for is near. The potential trade is about 30%

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Trade Ideas September 18, 2014

Today's Swing Trade Idea

FEYE (Technology sector software application) FEYE has the potential of a 35% move with almost a five-month base after its decline and appears to be taking control. Yesterday's bullish morningstar signal over the big three is the indication of the possible rally and attack of the 200-day simple moving average.

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