Swing Trade Ideas April 22, 2015

Today’s Swing Trade Ideas

GILD/Long (Healthcare Biotechnology)  After printing a hammer on April 1 the buyers found an opening, running price up above the big three and the 200 – simple moving average.  The pullback and yesterday’s candle suggest that the buyers are still interested in may want to run GILD back to the high 116 area.

More on how to trade GILD in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $102.12 to $105.71
Possible stop plan idea:  A close below $102.12 or the T-Line

Friday “Open Mic”  Friday April 24, 12: PM EDT
A huge success last Friday.  Looking for volunteers.
Mark S. Open Mic 12:00 EDT

 

Profit Scanner Users & Trial Users
Basic Scanner Set-up – Today
Wednesday, April 22,  Meet-up at 11:00 AM EDT

Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
The difference the right tool makes – 2-Week Free Trial Click Here

VIPS gave an alert @ $28.23 yesterday
TSLA stating to give buy alerts
CYBR gave several buy alerts over the past couple weeks
INCY gave alerts before the breakout and a alert for the breakout

 

Good Morning, 

SPY:  As I mentioned in last night’s member e-learning the overall market indices were not giving favorable signals for the bull, and this morning the futures have chosen the dark side team.  A couple of days ago I posted a members list of possible shorts most of which are still looking like a short and SMCI would be worth over 6% in your pocket.

Continue Reading

Swing Trade Ideas April 21, 2015

Today’s Swing Trade Ideas

LOCO/Long (Restaurants)  LOCO has been a featured trade idea in the past and it is again today.  The chart continues to perform in a bullish manner.  A rounded bottom breakout has led LOCO to a bullish continuation pattern we call a J-Hook.

More on how to trade LOCO in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $27.41 to $28.92
Possible stop plan idea:  A close below $27.41 or the T-Line
Updates:
Friday “Open Mic”  was a huge success.  Looking for volunteers for this coming Friday.
Mark S. Open Mic 12:00 EDT
Profit Scanner Users & Trial Users
Monday, April 20, 2015 Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
The difference the right tool makes – 2-Week Free Trial Click Here
Basic setup Wednesday April 22, 2015 11:am EDT

Good Morning, 

SPY:  The SPY recouped its losses yesterday but is still closing within a range.  FYI, the range is getting smaller.  Overall, the buyers have managed to keep the trend working Continue Reading

Trade Ideas April 20, 2015

Today’s Swing Trade Ideas

DDD/Long (Technology)  3-D systems continues to strengthen coming off the bottom, and the rounded bottom breakout is coming from a double bottom and bullish “W” pattern.

More on how to trade DDD in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $30.06 to $31.77
Possible stop plan idea:  A close below $30.06 or the T-Line

Updates:
Friday “Open Mic”  was a huge success.  Looking for volunteers for this coming Friday.

Profit Scanner Users & Trial Users
Monday, April 20, 2015 Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
The difference the right tool makes – 2-Week Free Trial Click Here

Good Morning, 

SPY:  It looks as if the buyers are going to try to regain their losses Friday, and the sellers will try to hold on to their strength.  Both will be fighting for the 50-day simple Continue Reading

Swing Trade Ideas April 17, 2015

Today’s Swing Trade Ideas

LOCO/Long (Restaurants)  LOCO is another chart that has been a members’ featured trade idea and on the members’ list.  LOCO is another rounded bottom breakout that has proven itself like so many other rounded bottom breakouts.  The past eight or nine candles, LOCO has formed a PBO J-Hook formation while still in the rounded bottom breakout strategy.

More on how to trade LOCO in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $26.58 to $28.44
Possible stop plan idea:  A close below $26.58 or the T-Line

Updates:
Friday “Open Mic”  April 17, 2015 Current Speakers:
Petra
Jim C.
Ed C.

Appreciation Clinic for Rounded Bottom Breakout Book holders April 18,
Registration closes Friday, April 17, 12:00 PM EDT Saturday RBB Appreciation clinic

Profit Scanner Users & Trial Users
Monday, April 20, 2015 Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
The difference the right tool makes – 2-Week Free Trial Click Here

Good Morning, 

SPY:  In yesterday’s market note, I wrote that the SPY appears to be feeling a little pressure from the sellers, and it kind of looks like that pot starting to boil and somebody is Continue Reading

Swing Trade Ideas April 16, 2015

Today’s Swing Trade Ideas

GLNG/Long (Shipping & Ports)  GLNG has been and is currently on our members’ featured trade idea watch list.  From March 5, GLNG has simply consolidated in the rounded bottom breakout area; sometimes we just have to have patience.

More on how to trade GLNG in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $35.63 to $37.30
Possible stop plan idea:  A close below $35.20

Updates:

Friday “Open Mic”  April 17, 2015 Current Speakers:
Petra
Jim C.
Ed C.

Appreciation Clinic for Rounded Bottom Breakout Book holders April 18,

Registration closes Friday, April 17, 12:00 PM EDT Saturday RBB Appreciation clinic

Profit Scanner Users & Trial Users
Thursday, April 16th Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
The difference the right tool makes – 2-Week Free Trial Click Here

Good Morning, 

SPY:  At about 7 AM EDT this morning, the SPY appears to be feeling a little pressure from the sellers.  It could be nothing more than filling the gap from yesterday; however, Continue Reading

Swing Trade Ideas April 15, 2015

Today’s Swing Trade Ideas

HCLP/Long (Basic Materials) HCLP Is a Rounded Bottom Breakout RBB with a lower support trend line forming a bullish PBO double bottom hook.  Monday printed a Bullish Engulf and Tuesday printed follow-through.

More on how to trade HCLP in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $36.41 to $38.72
Possible stop plan idea:  A weak candlestick signal or below T-Line

Updates:
Friday “Open Mic”  April 17, 2015 Current Speakers:
Petra
Jim Cooper
Ed Carter

Appreciation Clinic for Rounded Bottom Breakout Book holders April 18,
Yes we still have a few seats available for the Saturday RBB Appreciation clinic

Profit Scanner Users & Trial Users
Thursday April 16th Meet-up at 11:00 PM EDT.
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
The difference the right tool makes – 2-Week Free Trial Click Here

Good Morning, 

SPY:  The SPY is currently wedged in between a symmetrical triangle trying to form a bullish J-Hook breakout of the upper triangle resistance line.  Pulling back to the 50- Continue Reading

Swing Trade Ideas April 14, 2015

Today’s Swing Trade Ideas

TX/Long (Steel) TX is setup for our RBB strategy closing yesterday with an engulf over a Doji.

More on how to trade TX in the trading room today at 9:10 AM EST.
Possible entry plan idea:  The buy box is from $18.40 to $19.05
Possible stop plan idea:  A weak candlestick signal or below T-Line

Updates:
Tina Logan webinar “East meets West”  Tonight 8:00PM EDT. Registration required.

Appreciation Clinic for Rounded Bottom Breakout Book holders April 18,
Yes we still have a few seat available for the Saturday RBB Appreciation clinic

Profit Scanner users-
Because of yesterday’s pin action, I’ll be watching a few bearish alert windows today for:
Short-Blue Ice Fail
Blue Ice Trap Fail
TFP MA Squeeze Down
TFP Break Below 50
The difference the right tool makes.  2-Week Free Trial Click Here

Good Morning, 
SPY:  Have you ever tried to open a locked door?  Walked away to stop and say to yourself, “let me try it one more time” and it was still locked?  That’s what Continue Reading

Swing Trade Ideas April 13, 2015

Today’s Swing Trade Ideas

FEYE/Long (Technology) There has been talk in the H&R trading room last week about FEYE and many of us are already in it.  FEYE has pulled itself back over the big three and Friday secured a Doji continuation pattern.

More on how to trade FEYE in the trading room today at 9:10 AM EST.
Possible entry plan idea:  The buy box is from $40.93 to $43.35
Possible stop plan idea:  A weak candlestick signal or below T-Line

Tina Logan webinar “East meets West”  is this Tuesday night for those that registered.

Appreciation Clinic for Rounded Bottom Breakout Book holders April 18,

**There is still time to get in on the RBB Appreciation Clinic at a discounted rate.

Good Morning, 

SPY:  The SPY closed very nicely on Friday coming off a double Doji bullish continuation pattern (or Doji sandwich as some may know it).  The buyers over Continue Reading

Swing Trade Ideas April 10, 2015

Today’s Swing Trade Ideas

OIH/Long (Oil Service ETF)   OIH has successfully delivered a double bottom left right combo on the 17th followed by a T-Line run that forced A Rounded Bottom Breakout (RBB) pattern.  Currently we have a little to bar pullback with Bob bullish follow through yesterday.

More on how to trade OIH in the trading room today at 9:10 AM EST.
Possible entry plan idea:  The buy box is from $35.08 to $36.46
Possible stop plan idea:  A weak candlestick signal or below $35.08

Updates –

Tina Logan webinar “East meets West”
Appreciation Clinic for Rounded Bottom Breakout Book holders April 18,
Vancouver meetup coming in July

Good Morning, 

SPY: The SPY has now broken out and closed at our $208.61 price target that we’ve been looking for the last few days with a nice bullish pattern to boot.  Continue Reading

Swing Trade Ideas April 8, 2015

Today’s Swing Trade Ideas

EYES/Long (Healthcare)   EYES has pulled back to the 50-simple moving average and has now drawn a candlestick bullish morning star reversal pattern.  This pattern could be the clue that a bullish reversal may happen soon.

More on how to trade EYES in the trading room today at 9:10 AM EST.
Possible entry plan idea:  The buy box is from $11.53 to $12.91
Possible stop plan idea:  A weak candlestick signal or below 11.53

Updates –
Tina Logan webinar “East meets West”
Rounded Bottom Breakout clinic (end of April)
Vancouver meetup coming in July

Good Morning, 

SPY: (FOMC Minutes 2: PM EDT Today) and (Jobless Claims 8:30 AM EDT Tomorrow)

Here come the feds; here come the feds.  You know their job is not to control the market, but who thinks they don’t?  Every time the market Continue Reading