Rick’s Featured Trade Ideas
SPXC/Long (Industrials) SPXC | Has formed a fry pan bottom | RBB Rounded Bottom Breakout | Bullish Kicker | By following our profiting swing trade rules. We all have the opportunity to make 15-40% at least over the next few weeks.
Hit & Run Members and Trading room:
jerry g: DDD up 37%, bot weekly puts to protect with earnings on Monday instead of stop.
J-rod .: Hey, thanks for the heads up on Macy’s a couple days ago. Calls doing well.
Ed E.: up $600 on MBLY, on 300 shares.
The place serious traders hang out.
SPXC | Plan your trade & trade your plan | February 29, 2016
Possible entry plan idea: Buy box $10.00- $11.16
Possible stop plan idea: Stop below $10.00
Risk Reward 6:1 depending on entry/exit/stop
SPY Attitude: (T-Line™ > 34-ema Bullish Trend)
Friday’s almost dark cloud cover candle suggested that we would see a lower low today below $194.90 with a possible test of the T-Line™. Today I will be using the T-Line™ as my lower trend line, and a close below the T-Line™ would suggest that the sellers are starting to take control, which would mean $191.00 could be targeted. If the Bulls fail to
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Rick’s Featured Trade Ideas
STRP/Long (Software) STRP Originally on the members trade idealist January 20, with about 70% in our members pockets | I think it’s ready for the next leg | Bullish T-Line™ run | flag consolidation | Dragonfly Doji followed by a Bullish Engulf yesterday | 45% profit target.
Hit & Run Members and Trading room:
Doug Campbell: out of DNKN
David H: out SPLK +1200
Doug Campbell: Taking my profits on DECK as well
Olivia h: out NFLX +$1.20
Stockerchick .: out UTX swing +4.11
gene w: TROX out half 16%
The place serious traders hang out.
STRP | Plan your trade & trade your plan | February 26, 2016
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Stop below $Members Only
Risk Reward 7:1 depending on entry/exit/stop
SPY Attitude: (T-Line™ > 34-ema Bullish Trend)
Not only did the Bulls break us out of the bullish “W” Center Point, price action was also strong enough to pull the T-Line™ up over the 34-EMA and based on our trading rules we have now gone from a relief rally to a Bullish chart. At least up to the next resistance area which starts at the $200 mark.
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Rick’s Featured Trade Ideas
MBLY/Long (Software) MBLY | Inverted Head & Shoulder | 7 day T-Line™ Run | Bullish Belt Hold | With proper management of this trade, I see a 20%-plus profit. We offer the management education free with membership.
Hit & Run Members and Trading room:
TC-Rick took some profit in NUGT about 8% | Stockerchick out last 1/2 AMBA +.35 |
Neenie GM Rick and All…..I am in seventh heaven……sold Macys in pre-market….thanks to Petra and Tina Logan’s lesson, I made more money than I could have dreamed of….this is the best place to be!
The place serious traders hang out.
MBLY Plan your trade & trade your plan February 25, 2016
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Stop below $Members Only
Risk Reward 4:1 depending on entry/exit/stop
SPY Attitude: (T-Line™ < 34 down Bearish=Caution)
What a change one day can make. Yesterday the Bulls found a PBO low that ended up closing with a bullish piercing candle above the T-Line™ keeping our six day T-Line™ run intact. The bullish “W” pattern that the Bulls have been trying to form is underway. According to the current morning futures, there seems to be a fairly good possibility of success. However, the low of yesterday could be one of the most important lows we’ve seen the past month and a half
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Rick’s Featured Trade Ideas
MCD/Short (Restaurants) MCD is forming a H&S pattern | BIF pattern | “h” Pattern | Kicked off by an Evening Star pattern | Could Ronald McDonald be cooking up a short menu?
Hit & Run Members and Trading room:
EYES 28% | SXC 66% | FOSL 33%
The place serious traders hang out.
MCD Plan your trade & trade your plan February 24, 2016
Possible entry plan idea: Sell box $Members Only
Possible stop plan idea: Cover above $Members Only
Risk Reward 12:1 depending on entry/exit/stop
SPY Attitude: (T-Line™< 34 down Bearish) Yesterday’s Candlestick Morning Star Signal (not perfect) may be suggesting that the Bulls have run out of steam, at least for the time being. Yesterday’s price action suggests strongly that we see a lower low today and a possible target over the next day or two near
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Rick’s Featured Trade Ideas
ATI/Long (Metal Fab) RBB, Higher highs and higher lows, bullish morning star, 38% from pivot low to target area.
Hit & Run Members and Trading room:
TCK 10% | DDD 13.4% | ATI 15.18%
The place serious traders hang out.
ATI Plan your trade & trade your plan February 23, 2016
Possible entry plan idea: Buy box $11.20- $12.83
Possible stop plan idea: Stop below $11.20
Risk Reward 4:1 depending on entry/exit/stop
SPY Attitude: (2-T-Line™ up/T-Line™-34 down) Over the past seven trading days, the Bulls have been able to put in a rally, a 2-bar PBO that held above the T-Line™ followed by a positive gap that closed in favor of the Bulls. Yesterday’s close of $194.78 closed above the February 1 high and close. The Bulls have done just what we’ve asked, which is to close over the bullish “W” Pattern center point. There are two slight bearish points I would like to point out: We closed underneath the 50-day simple moving average which sets us up for the possibility of a blue ice failure. And price over the past seven days has
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Rick’s Featured Trade Ideas
MENT/Long (Technology) With a double bottom, bullish “w” pattern, RBB and a breakout of the Recent T-Line™ swing high, MENT may be setting itself up for a run to $20.80ish and then 23.40ish.
Hit & Run Members and Trading room:
GLUU 35% | ROVI now 104% | FOSL 28%
The place serious traders hang out.
MENT Plan your trade & trade your plan February 22, 2016
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Stop below $Members Only
Risk Reward 5:1 depending on entry/exit/stop
SPY Attitude: (2-T-Line™ up/T-Line™-34 down) It looks as if the Bulls will take price above $194.58, and that will be a major victory. Of course, by the end of the day, price still needs to close above the victory line. The current chart pattern, is a double bottom and the high probability of a bullish “W” breakout today. The Doji star gap up of six days ago has led to a T-Line™ run and a little 2-bar flag on the daily chart. Price has closed over our two major deuces on
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Rick’s Featured Trade Ideas
AMZN/short (Specialty Retail) We shorted AMZN yesterday. AMZN printed a Bearish Engulf yesterday at the 200-sma suggesting a Red Ice Failure. Notice the recent Blue Ice Failure and lower lows and lower highs.
Hit & Run Members and Trading room:
Mike sold GLUU for $26.8%, Mura out UCO +21.42%
Bonnie rocking out of BEAT +.71
Gene out OI 11%
Great trading!
AMZN Plan your trade & trade your plan February 19, 2016
Possible entry plan idea: Sell Box $Members Only
Possible stop plan idea: Cover above $Members Only
Risk Reward 6:1 depending on entry/exit/stop
SPY Attitude: (2-T-Line™ up/T-Line™ 34 down)
It doesn’t look like the bulls are able to control $194.63 just yet. When you think about the run we’ve had this past week, a little pullback or profit taking should not be a surprise. Let’s keep our eyes on how price acts at the T-Line™ in the next day or two. If the Bulls can defend the $189.50 area, it would suggest
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Rick’s Featured Trade Ideas
WWW/Long (Footware) WWW kicks the trade off with a bullish piercing candle back in mid-January followed by a bullish T-Line™ run. Profit-taking took place below the T-Line™, and the Bulls were able to put together a morning star pattern followed by a Doji continuation pattern along with a Bullish J-Hook continuation.
Hit & Run Members and Trading room: We took a stroll to the bank on ICON, FCX, ATI, GMRN, FOSL, TMST, USO and NHTC —$$$. If you are frustrated we can help!
WWW Plan your trade & trade your plan February 18, 2016
Possible entry plan idea: Buy Box $Members Only
Possible stop plan idea: Stop Below $Members Only
Risk Reward 8:1 depending on entry/exit/stop
SPY Attitude: (2-T-Line™ up/T-Line™ 34 down) Another great day for the Bulls closing up 1.63% at $192.88, well within our expected target area. On the daily chart, the SPY is on the verge of breaking out of a bullish ‘W’ pattern. If the Bulls can manage to control the $194.63 resistance line, then the next bullish target would be between $200.00 and $202.00. Let’s keep in mind that the SPY could have a relapse and the old mama bear could come back out. If
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Rick’s Featured Trade Ideas
JOY/Long (Farm Equipment) JOY has broken out of its down trend forming a cup & handle, a flag or J-Hook breakout and a line of support at $10.40.
$$$—Hit & Run Members were alerted to BAP on February 10, now a T-Line™ and gap to boot. BAP has produced 12% —$$$. We will teach you how.
JOY Plan your trade & trade your plan February 17, 2016
Possible entry plan idea: Buy Box $Member Only
Possible stop plan idea: Stop Below $Member Only
Risk Reward 10:1 depending on entry/exit/stop
SPY Attitude: (MA trend down/price relief rally underway) Price did close over $187.95. As mentioned yesterday, price should push between $191.20 and $194.60. A close over $191.20 will help the bulls pull the T=Line™ over the 34-ema on the 4-hr chart. The 2-hr chart has now gone bullish on the T-Line™ chart.
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Rick’s Featured Trade Ideas
ATI/Long (Metal Fab) After forming a bullish piercing candle and double bottom, ATI has painted a bullish picture of higher highs and higher lows. Currently, it has a rounded bottom breakout and a bullish morning star signal leading to a J-Hook continuation pattern.
$$$—Hit & Run Members were alerted to STRP on January 20, now a perfect T-Line™ Run that has produced 90% —$$$. We teach how to find and trade, trades like this.
ATI Plan your trade & trade your plan February 16, 2016
Possible entry plan idea: Buy Box $Members Only
Possible stop plan idea: Stop Below $Members Only
Risk Reward 5:1 depending on entry/exit/stop
SPY Attitude: (MA trend down/price relief rally underway) A close over $187.95 would likely move price to between $191.20 and $194.60. We currently have a minor trend change to bullish on the four-hour chart and a close over $191.20 would likely produce an intermediate bullish trend change.
All candlestick traders have certain candlestick patterns that they favor, and one of mine is a gap down and not just one but two Doji’s together and then a gap
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