OPHT Bullish Scoop Pattern

August 8, 2017 by Rick Saddler

OPHT Bullish Scoop Pattern

(Ophthothech Corp) OPHT has painted a Bullish Scoop pattern that we can trade in a Rounded Bottom Breakout Strategy. The 3-day chart printed a Bullish Morning Star signal on a higher low. Looking at the 2 and 3-day chart you can see a possible Bullish W pattern on bullish follow through.Having a trading plan has an advantage.

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

Double Digits trades make all the difference in the world – yesterday when the market closed we had 3 in play and 10 trades in the green warming up. We bought FB yesterday and posted targets in the trading room

Are you having trouble putting together a winning trade? Not sure what scans to use? So near to having multiple winning trades, but something always goes wrong. Maybe a couple hours with a trading coach could make all the difference in the world. Hit and Run Candlesticks has 4 trading coaches – Learn More about the Coaches

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.

[29.96%] GRUB was first presented to HRC members on May 30

GRUB moved another 8.25% yesterday, The total run now is 29.96% Hit and Run Candlesticks members practice trade management and trade planning with Price and Candlesticks, The T-line, Trend, Trend Lines, Support, and Resistance.

Eyes On The Market (SPY)

The SPY closed above the T-Line yesterday, this makes 21 days in a T-Line Run, but we have yet to close above the recent high. The QQQ’s are still being held captive by the Bearish Engulf on 7.27, IWM is just ugly, and the DIA is getting up into thin air. Caution Caution Caution I think it’s time Hit and Run Candlesticks create a watchlist of short candidates, so we are prepared when we need them.

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

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.

$TSCO Bullish Morning Star Pullback

August 7, 2017 by Rick Saddler

$TSCO Bullish Morning Star Pullback

(Tractor Supply) TSCO has printed a Bullish Morning Star Pullback after a strong relief rally. The Rounded Bottom Breakout along with the Bullish price action we are looking for another push in the relief rally.

Good Trading – Hit and Run Candlesticks

Trade Updates – Hit and Run Candlesticks

We will head into this weeks trading with 16 positions we are managing. $RIG is one we bought last week and holding well in a Rounded Bottom Breakout Pattern, Not the Bullish Flag breakout. $TLRD in another Flag pull back closing Friday with a Bullish Engulf. (Watch the retail earnings this week) $CC is a T-Line Run with a Box ready to pop out.

[110.78$%] SEDG was first presented to HRC members on February 14

SEDG moved another 2.72% Friday, The total run now is 110.78% Hit, and Run Candlesticks members have learned the importance of their trading tools, Price with Candlesticks and manage their trades using The T-line, Trend, Trend Lines, Support, and Resistance.

Eyes On The Market (SPY)

The SPY closed above the T-Line last week keeping the Bulls ahead of the Bears. Below $245.70 would put the SPY in in a pullback that could see $240.00. The trend is a powerful friend. Be willing to cut a friend lose when you need to. CAUTION… if the trend changes be ready to change with it.

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.

Personal Trade Evaluation

August 4, 2017 by Rick Saddler

Personal Trade Evaluation

(It’s Friday) Fridays are a good day for personal trade evaluation, pick something about trading you or don’t do and evaluate how you can do it better or may you need to add it to you trading routine. Rather than read someone else’s eBook on the “Ten Things Not To Do In Trading,” write your own eBook based on you and your trading.

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?

Trade Updates – Hit and Run Candlesticks

Below you will find the Hit and Run Candlesticks trading stats for the past 30 days. Yesterday we sold ½ of the RIG we bought at the planned target. This has been a rough week for trading but managed to get through the door still making money. What a difference a week can make without 2-4 Double-Digit trades and the market a bit soft.

Eyes on The Market

Not much change from yesterday DIA’s still lead the way, the SPY is asleep, and the IWM and QQQ’s are having a party in the bad part of town. We own 2 Inverse ETF’s and next week we may start to look at a few short positions if the market gives us a reason.

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.

$IPI Bullish Flag Breakout

August 3, 2017 by Rick Saddler

$IPI Bullish Flag Breakout

(Intrepid Potash Inc) $IPI The Bullish Flag Breakout yesterday came after a Bullish T-Line Run. Yesterday’s breakout also closed above The T-Line High Band, and the faster moving was below the Band indication a PBO (Pull Back Opportunity)

Good Trading – Hit and Run Candlesticks

Trade Updates – Hit and Run Candlesticks

16 position remained open and closed 17 in the past 30 days. 28% cash is now on the side lines. Trading the past week has been tuff, don’t let anyone tell you different. Our average win rate has dropped below 60%, and the average gain has dropped. Knowing how to evaluate your trading record and match it with marker performance you have a reached a new level in trading.

[52.14%] IPI was first presented to HRC members on May 16

IPI, made another break for higher numbers yesterday closing above our first target, the second and third will soon come.

Hit and Run Candlesticks members have learned the importance of their trading tools, Price with Candlesticks and manage their trades using The T-line, Trend, Trend Lines, Support, and Resistance.

Eyes On The Market (SPY)

DOW hit $2200 while SPY, QQQ’ and IWM all stayed behind and trapped between Support and Resistance. [IYT] The transport ETF has been trending down and now tagging the 200-SMA, still no bullish sign. SMH looks like is weak and having trouble staying bullish.

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.

$S Bullish Ascending Triangle

August 2, 2017 by Rick Saddler

$S Bullish Ascending Triangle

(Sprint Nextel Corp) S has formed a Bullish Ascending Triangle with my big 3 moving averages and the 200-sma all coiled up tight. The 2 and 3-day charts have put a Bullish Engulf together that engulfed price and the big 3. The daily chart has formed a type of Bull Kicker after pulling back to the lower trend line.

Good Trading – Hit and Run Candlesticks

Trade Updates – Hit and Run Candlesticks

17 positions open with 75% of trading account in use. In the past 30 days we have closed 16 positions at a 62% win rate (dropped a little in the last few days). We took a 5.5% lose yesterday on a trade that was not working out

Are you having trouble putting together a winning trade? Not sure what scans to use? You come so close to having multiple winning trades, but something always goes wrong. Maybe a couple hours with a trading coach could make all the difference in the world. Hit and Run Candlesticks has 4 trading coaches – Learn More about the Coaches

[67.39% WUBA] WUBA was first presented to HRC members on February 19,

WUBA, still Bullish and may be setting up with a T-Line Run. Hit and Run Candlesticks members have learned the importance of their trading tools, Price with Candlesticks and manage their trades using The T-line, Trend, Trend Lines, Support, and Resistance.

Eyes On The Market (SPY)

A repeat of what I wrote yesterday – Price and the T-Line are trapped between Support $245.70ish and Resistance $247.90ish. The 2-day chart still shows a Bearish Engulf but price is still above the 2-day T-Line Band high. The battle is on!

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.

BKS Hammer, Bull Kicker, Consolidate

August 1, 2017 by Rick Saddler

BKS Hammer, Bull Kicker, Consolidate

(Barns & Noble) BKS has formed a recent chart pattern that includes a Hammer, Bull Kicker and now consolidating with a FLAG. The T-Line has risen above it’s self as well as the 34-ema. BKS is an HRC- Rounded Bottom Breakout setting up to challenge the 200-sma, 17% away.

Trade Updates – Hit and Run Candlesticks

We are still holding 18 positions, closed one for a loss and added a position (Inverse ETF) yesterday. I am growing a bit concerned about the market and will start to close few more positions so not to be over exposed.

Are you having trouble putting together a winning trade? Not sure what scans to use? You come so close to having multiple winning trades, but something always goes wrong. Maybe a couple hours with a trading coach could make all the difference in the world. Hit and Run Candlesticks has 4 trading coaches – Learn More about the Coaches

[29.49% IPI] IPI was first presented to HRC members on May 16,

IPI is still Bullish and has moved above consolidation with a T-Line Run. Hit and Run Candlesticks members have learned the importance of their trading tools, Price with Candlesticks and manage their trades using The T-line, Trend, Trend Lines, Support, and Resistance.

Eyes On The Market (SPY)

Price and the T-Line are trapped between Support $245.70ish and Resistance $247.90ish. The 2-day chart still shows a Bearish Engulf but price is still above the 2-day T-Line Band high. The battle is on!

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.

IMGN Bullish Morning Star and off Support

July 31, 2017 by Rick Saddler

IMGN Bullish Morning Star and off Support

(Immunogen Inc) IMGN printed a Bullish Morning Star on the 3-day chart and off support on several time frames. The T-Line Run continues to climb higher with price as price continues to make higher highs and higher lows. Note the daily chart also has printed a Bull Flag with a breakout.

Trade Updates

IMGN had a wonderful week last week, and Friday’s close suggests the Bulls intend on pushing price higher. Hit and Run Candlesticks is starting the week off with 18 positions. We are looking to build new double-digit winners this week – The trend is your friend.

Are you having trouble putting together a winning trade? Not sure what scans to use? You come so close to having multiple winning trades, but something always goes wrong. Maybe a couple hours with a trading coach could make all the difference in the world. Hit and Run Candlesticks has 4 trading coaches – Learn More about the Coaches

[23.70% FSLR] FSLR was first presented to HRC members on May 31,

And closed Friday up another 9% for a total of 23.7% Another chart that has worked out very well for Hit and Run Candlestick Members. Hit and Run Candlesticks members have learned how important it is to use their trading tools, Price with Candlesticks and manage their trades using The T-line, Trend, Trend Lines, Support, and Resistance.

Eyes On The Market

On the SPY price and the T-Line are still working together and climbing higher, overall earnings have been positive. $247.90-ish, the recent high is resistance, and $245.70-ish is recent support.

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.

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.

A Good Day To Exercise Caution

July 28, 2017 by Rick Saddler

A Good Day To Exercise Caution

(It’s Friday) and it’s a good day to exercise caution and protect your hard earned profits. Yikes, the transports (IYT – ETF) had a very bad day yesterday and may be trying to build a Bearish “M” pattern. Price is below the Lower T-Line Band on many times frames. The 200-SMA could act as support, but right now the chart is looking a little angry.

Friday’s Open Live Trading Room

Learn more about Hit and Run Candlesticks and check us out in the LIVE TRADING ROOM. ClICK HERE and Choose Room #1 take advantage of our trading room FREE on Friday’s. We talk about past, current and upcoming trades.

Hit and Run Candlesticks Trading Stats Last 30-Days

Below you will find the Hit and Run Candlesticks trading stats for the past 30 days.

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 Candlestick, Right Way Option, Strategic Swing Trade Service and Trader Vision.

Eyes on The Market

For the past three days, the market has lost interest in moving higher and tested the Daily T-Line intraday. The 4-day chart has printed a Hang-Man Candle and based on the futures this morning we could see a test of the T-Line or even lower. Yesterday also tested the 23.6 Fib line on an intraday pullback based on the recent run. The 38.2 Fib Line is at $244.90, and that is the JUNE high price support.

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.

Monday through Thursday Hit and Run Candlesticks shares with members 10-15 trade ideas for the watch list.

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.

CONN T-Line Run Pop Out Of The Box Pattern

July 27, 2017 by Rick Saddler

CONN T-Line Run Pop Out Of The Box Pattern

(Conn’s Inc) $CONN is a T-Line Run Pop Out of the Box that created a Bullish Kicker back in April then rallied made a few bullish swings then started to consolidate. On July 17 the Bulls made their move breaking out of a Bullish W pattern, after 3 days the box started to form. We have found the Pop Out of The Box a terrific pattern to trade.

Trade Updates

A quiet day for us yesterday, we closed X for a 10.92% profit – And we bought a gold stock. You can see our 30-day stats below:

What would you do with 2-3 or even 4 double-digit trades every week? Education on how to manage a trade from start to finish is key to a swing traders profits.

CONN T-Line Run Pop Out Of The Box Pattern

[$59.92% CGI] first presented to HRC members on June 19,

59.02% run with the 16.87% pop yesterday. Another chart that has worked out very well for Hit and Run Candlestick Members. Hit and Run Candlesticks members have learned how important it is to use their trading tools, Price with Candlesticks and manage their trades using The T-line, Trend, Trend Lines, Support, and Resistance.

Eyes On The Market

The current course of the market is Bullish; investors see the earnings reports as positive and bullish, so the market rises. Yesterday’s trading was a bit soft, you could feel it in during the day, and the candlestick was soft (not going anywhere). Once again the buyers kept the price above the T-Line. We will continue to share trades with members when we see them come through our scanner.

What is a Trade Idea Watch-list?

See Rick’s personal trade ideas for the day MEMBERS ONLY

Start your education to 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.

TRLD Has Constructed A Bullish Inverted Head and Shoulder Pattern

July 26, 2017 by Rick Saddler

TRLD Has Constructed A Bullish Inverted Head and Shoulder Pattern

(Tailored Brands Inc) $TLRD has constructed a Bullish Inverted Head and Shoulder pattern with a Bullish breakout of a double top. TLRD is an (RBB) Rounded Bottom Breakout pattern. Both the T-Line and the 34-ema have turned up and has crossed over the 50-sma. On a 2-day chart, the Bullish Morning Star kicked off the recent rally.

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 closed 2 positions yesterday “IPI + 24.56% and HIIQ + 19.67%to bank profits, remember we can buy them back. Our purpose for Swing Trading is to make money. We have had too many positions in our portfolio. We are currently green on 11 positions and neutral to -3.18% on 7 positions. So far for July, we have close 14 positions for a 71.43%-win rate and ¾ of our account is invested.

What would you do with 2-3 or even 4 double-digit trades every week? Education on how to manage a trade from start to finish is key to a swing traders profits.

$SGMS was first presented to HRC members on March 6,

68% run with the 11.27% pop. Another chart that has worked out very well for Hit and Run Candlestick Members. Hit and Run Candlesticks members have learned how important it is to follow price with Candlesticks and manage their trades using The T-line, Trend, Trend Lines, Support, and Resistance.

Eyes On The Market

The current course of the market is Bullish; the trend continues to rise with Pullback Opportunities along the way. I am sure you already know so just reminding you Miss Janet speaks today which may or may not influence the market, the charts will tell us.

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

See Rick’s personal trade ideas for the day MEMBERS ONLY

Start your education to 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.