Rick’s Featured Trade Ideas
ATVI/ Short (Multimedia) On January 14, ATVI was a short featured trade idea, and it continues to fall short of being bullish with the bear flag and breaking down yesterday. Below $33.50 the 200-simple moving average will start looking green.
Plan your trade and trade your plan, and join us in the trading room at 9:10 Eastern every morning to plan a few trades.
ATVI/ Plan your trade & trade your plan January 28, 2016
Possible entry plan idea: Sell box $Members Only
Possible stop plan idea: Cover above $Members Only
Risk Reward 5:1 depending on entry/exit/stop
SPY: The SPY left us yesterday in a bearish bias. Over $190.50, the attitude would be bullish for a relief rally. At the close yesterday, the Bulls were able to defend $187.50 while price closed below the T-Line leaving the bears with the upper hand. If the Bulls lose the
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RRTS/ Long (Transportation) RRTS may be setting up for a short-term swing trade 15 to 25% with a scoop pattern and a Hit&Run Candlestick Pinball Setup.
Earnings February 3
Plan your trade and trade your plan, and join us in the trading room at 9:10 Eastern every morning to plan a few trades.
RRTS/ Plan your trade & trade your plan January 26, 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: So far this year, the sellers have been dominant allowing the buyers very few short-term rallies; the best short-term rally we’ve seen has been the past five days, and the buyers still have a very tough uphill road ahead. Yesterday closed above the T-Line, and the morning
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Rick’s Featured Trade Ideas
Member E-Learning tonight Tuesday January 26, 7PM Central / 8PM Eastern
Topic: using the 200 period moving averages in the faster time frames.
CRAY/ Long (Computer Systems) CRAY has broken out above the recent December highs on the daily chart with a $41.70 target on the weekly chart.
Plan your trade and trade your plan, and join us in the trading room at 9:10 Eastern every morning to plan a few trades.
CRAY/ Plan your trade & trade your plan January 26, 2016
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Stop below $Members Only
Risk Reward 10:1 depending on entry/exit/stop
SPY: The sellers were able to close price back below the T-Line™ which is now an area of construction as long as the January 20 low holds. On one hand, we should be extremely cautious that price is back below the T-Line™, but on the other hand I think we should be putting together a list of stocks that are starting to look like our favorite trade setups.
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Rick’s Featured Trade Ideas
CBK/ Long (I Apparel) CBK, In the daily chart has formed a beautiful rounded bottom breakout in a nice double bottom off the 50 day simple moving average. The weekly chart has formed one of our pinball setups.
Plan your trade and trade your plan, and join us in the trading room at 9:10 Eastern every morning to plan a few trades.
CBK/ Plan your trade & trade your plan January 25, 2016
Possible entry plan idea: Buy box $Members Login required
Possible stop plan idea: Stop below $Members Login required
Risk Reward 10:1 depending on entry/exit/stop
SPY: On the 14th day the Bulls were able to close price above the T-Line™ which puts price on the bullish side of the T-Line™ opposed to the past 13 days where price has closed below the T-Line. If the Bulls are able to construct a bottom I would look for a target or targets
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Rick’s Featured Trade Ideas
PN/ Long (Insurance) PN Is a pinball strategy play with a bullish W pattern, a bullish piercing pattern with about 15% to the first target, 25% to the second.
Plan your trade and trade your plan, and join us in the trading room at 9:10 Eastern every morning to plan a few trades.
One of our trades in the trading room yesterday was TROV, and we had a 26.07% gain.
Read about our Trading Room It’s real and it’s Real Time!
PN/ Plan your trade & trade your plan January 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: Another good day in the markets as far as trading went, and we certainly had good a good time with profits in the trading room. Based on the trend, the bears still control the SPY as well as the rest of the indices. On the daily chart price is still being held back by the
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Rick’s Featured Trade Ideas
CMRX/ Long (Healthcare biotechnology ) I will be Trading CRMX with the Pinball strategy tool with the close over the T-Line™ yesterday followed by a double bottom.
Plan your trade and trade your plan, and join us in the trading room at 9:10 Eastern every morning to plan a few trades.
Sold ZHGN yesterday 65.5% gain and covered WTW 21.13% gain a very nice day for Hit & Run Candlesticks. Read about our Trading Room
CMRX/ Plan your trade & trade your plan January 21, 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: If the spy went looking for the August 2015 low yesterday, it found it. And then proceeded to put together an impressive bounce closing at 185.65. Price and this recent trend is still controlled by the sellers, evidence of this is the inability to breakout over the T-Line™ or breakout over any one of its recent highs.
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Rick’s Featured Trade Ideas
HA/ short (Hawaiian Holdings ) HA is still showing signs of bearishness with a bear flag and a dark cloud cover failing the T-Line™. Kudos to those still in the HA short, and it still looks as if we have 8 to 10% to go.
Plan your trade and trade your plan, and join us in the trading room at 9:10 Eastern every morning to plan a few trades.
It’s looking like ZFGN will pay us well today!
HA/ Plan your trade & trade your plan January 20, 2016
Possible entry plan idea: Sell box $Members Only
Possible stop plan idea: Cover above $Members Only
Risk Reward 2:1 depending on entry/exit/stop
In last night’s member e-learning, we talked about intraday charts and how you might use the 60-minute chart to help decide whether the daily chart was ready to be bought long. I pointed out that the 60-min chart was not set up properly, and the SPY was not ready to reverse bullishly.
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Rick’s Featured Trade Ideas
CYBR/ Long (Technology) Cyber gapped up last week from a double bottom with a pair of Doji’s, currently a rounded bottom breakout pattern. Watch for the PBO and the breakout.
Plan your trade and trade your plan, and join us in the trading room at 9:10 Eastern every morning to plan a few trades.
CYBR/ Plan your trade & trade your plan January 14, 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: Listen to and watch the charts for clues, and be careful not to jump in the water without testing for alligators. According to the morning futures, the SPY will be opening up sharper. Because we don’t think picking bottoms or catching falling knives is a good trading idea, we will allow a bottom to form before we become 100% bullish. Going into today, over $192.85 would show signs that the Bulls are
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Rick’s Featured Trade Ideas
It’s Friday – No trade ideas today
SPY: The Bulls managed to put together a bullish harami by the close of yesterday, still closing below the T-Line™ and allowing the sellers to stay in control. The bullish Harami may be a sign that the Bulls are creating a little bottom for a relief rally, but I believe that when I see it! When I see the Bulls close price over $194.50, I will take their attempt at a relief rally a bit more seriously.
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