Rick’s Featured Trade Ideas
SIEN/Long (Medical instruments) SIEN has not been a stranger to either Hit-And-Run Candlesticks or Right Way Options members. For many, this one stock has paid your subscription for the next several years. Recently, the 100 SMA has proven to act as resistance. It’s ben price flagged for about a week then the Bulls pop price out on high-volume
The Hit & Run Candlesticks trading room offers education and great trade ideas.
$$$Wednesday NUGT Was one of the big winners in the Trading Room $$$
SIEN/ Plan your trade & trade your plan February 4, 2016
Possible entry plan idea: Buy Box $Members Only
Possible stop plan idea: Stop Area $Members Only
Risk Reward 7:1 depending on entry/exit/stop
SPY Attitude: (Daily Bull & Bear Fight) (2-hr chart Bullish)
Market popped today on oil rally… USO to $10.65 if $9.90 can be beat. We took trades today in USO and ERX, good profits so far, up over 10%
SPY goes to $200 if $195.50 can support.
Oil is the key, it has been and it still is for now. It’s all about the Oil!
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Rick’s Featured Trade Ideas
NFLX/Short (Pay TV) For the past few weeks, we’ve seen a little consolidation. The past four days and yesterday was a clear failure of the T-Line closing with a bearish engulf. I would think shorting Netflix on a rally to the $97.00 or on weakness could prove profitable.
The Hit & Run Candlesticks trading room offers education and great trade ideas.
$$$Tuesday Trading Room close last 1/2 PN$$$
NFLX/ Plan your trade & trade your plan February 3, 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: (Daily Bearish) (60-min Bearish below $190.50)
The dollar is up, the 20-year treasury bond (TLT) is up, oil (USO) continues to weaken. The bear has a very strong grip on this market right now. The SPY started to bounce about
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Rick’s Featured Trade Ideas
EROS/Long (Media) EROS has a Rounded Bottom Breakout with a Double Bottom, Bullish Engulf and Bull Flag behind it.
The Hit & Run Candlesticks trading room offers education and great trade ideas.
***Monday was a money day in the Trading Room for FB, SBUX, we closed 1/2 of the PN trade***
EROS/ Plan your trade & trade your plan February 1, 2016
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Stop below $Members Only
Risk Reward 6:1 depending on entry/exit/stop
SPY Attitude: Oil is once again down this morning putting pressure on the market. The SPY closed yesterday with price holding above the 50-SMA 60-min chart and with price above the T-Line™ daily chart. (Current short-term relief rally). Pull backs are okay as long as the trend stays positive. Note the T-Line™ is still below the 34-EMA on the daily chart which tells us the bears still control this market. $195.15 (resistance) remains the number for the bulls to win right now.
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Rick’s Featured Trade Ideas
SXC/Long (COAL) SXC has put together a Candlestick rounded bottom and also has broken into a rounded bottom breakout strategy pattern. With resistance around the $3.80 and support near the $3.00 area, I am wanting SXC to be on my buy candidate watch list, whether it’s today or a few days from now.
The Hit & Run Candlesticks trading room offers education and great trade ideas.
***Another great day in the Trading Room for FB, STRP, SXC, COG***
SXC/ Plan your trade & trade your plan February 1, 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: Last week the 60-minute chart triggered bullish while the daily chart was still triggering bearish, and Friday was very powerful and now has a bullish attitude thanks to Japan. Overall, the bears are still in control of the trend from January 1 this year, while price nearly tagged the 50 percent retracement Friday. I still see resistance at $195.15, while support has moved up now to 190.55.
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Rick’s Featured Trade Ideas
GNW/Long (Insurance) GNW is a classic Hit & Run Candlesticks Pinball Setup, I can also see a bullish cradle pattern and a bullish scoop pattern.
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.
***FB was a great trade yesterday, I will be watching for a trade next week.
GNW/ Plan your trade & trade your plan January 29, 2016
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Stop below $Members Only
Risk Reward 6:1 depending on entry/exit/stop
SPY Attitude: The daily chart is still under a great deal of bearish influence and has not triggered bullish. The 60-minute chart has triggered bullish.
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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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