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

Swing Trade Ideas April 7, 2015

Today’s Swing Trade Ideas

MUR/Long (Energy)   MUR is a rounded bottom breakout pattern after a Bullish Belthold about a month ago and has followed up with a bullish “W” pattern and a double bottom.

More on how to trade MUR in the trading room today at 9:10 AM EST.
Possible entry plan idea:  The buy box is from $48.50 to $50.40
Possible stop plan idea:  A weak candlestick signal or below 48.50

Updates –
Member e-learning tonight 8: PM EDT
Tina Logan webinar “East meets West”
Rounded Bottom Breakout clinic (end of April)
Vancouver meet upcoming in June

Good Morning, 

SPY:  If one were to look at a chart of the SPY, you would see a four-bar pattern that has created a low then a Continue Reading

Swing Trade Ideas April 6, 2015

Today’s Swing Trade Ideas

VHC/Long (Technology)   VHC is one of my favorite chart setups, the Rounded Bottom Breakout.  You can also see that Wednesday and Thursdays candle was a Doji Bullish Engulf (left right combo) not only at the 50 day simple moving average but at the big three.

More on how to trade VHC in the trading room today at 9:10 AM EST.
Possible entry plan idea:  The buy box is from $5.95 to $5.55
Possible stop plan idea:  A weak candlesticks signal or below 6.13

Good Morning, 

SPY:  On the weekly chart of the SPY, there are signs of topping, signs that the sellers are taking control.  I see a
bearish evening star with a double top.  I see lower highs and a sellers Doji sandwich or continuation pattern.  On Continue Reading

Swing Trade Ideas April 1, 2015

Today’s Swing Trade Ideas

ARWR/Long (Healthcare)   The past week a ARWR has started to show signs of possibly revisiting the $9.30 area or near the 200 – simple moving average.  In the last five days or trading you can see a low high higher low and yesterday’s Bullish Engulf, engulfed seven candles plus the big three on good volume

More on how to trade ARWR in the trading room today at 9:10 AM EST.
Possible entry plan idea:  The buy box is from $7.00 to $7.57
Possible stop plan idea:  A weak candlesticks signal or below 7.00

Good Morning, 

SPY:  SPY, QQQ, DIA, IYT, SMH:  They all have another failed high in common.  Price is below the T-Line suggesting the Continue Reading

Trade Ideas April 1, 2015

Today’s Swing Trade Ideas

TTI/Long (Energy Sector)  After a bullish gap on February 27 TTI pulled back to retest the gap crossing back up over the big three making it a rounded bottom breakout.  Following the T-Line up to the 100 SMA and has now consolidated with a left right combo.

More on how to trade TTI in the trading room today at 9:10 AM EST.
Possible entry plan idea:  The buy box is from $5.75 to $6.24
Possible stop plan idea:  A weak candlesticks signal or below 5.75

Good Morning, 

SPY:  Lower highs and lower lows is something that the bears sit around and talk about, and the SPY has done just that starting Continue Reading

Swing Trade Ideas March 31, 2015

Today’s Swing Trade Ideas

MTZ/Long (Engineering and Construction)  After a three-bar pullback, MTZ printed a Bullish Engulf opening below the big three and closing above the big three with a snapback J-Hook pattern.

More on how to trade MTZ in the trading room today at 9:10 AM EST.
Possible entry plan idea:  The buy box is from $19.37 to $20.39
Possible stop plan idea:  A close below $19.37

Member Trading Room Password changes tonight after E-Learning

Good Morning, 

SPY:  Support and resistance, trendlines, trends, chart patterns, candlestick patterns:  some things just don’t change over time.  Continue Reading

Sing Trade Ideas March 30, 2015

Today’s Swing Trade Ideas

EA/Long (Technology Gaming)  Coming from a five day rally EA found some selling that pushed it back to the 50-simple moving average, from the 50-simple we had a gap up Friday closing bullishly with a morning star candle pattern above the T-Line and the 20-simple moving average.  EA is approaching a longer-term double top.  Caution for sell signals but a bullish breakout could lead us up to the $80 area

More on how to trade EA in the trading room today at 9:10 AM EST.
Possible entry plan idea:  The buy box is from $53.63 to $58.50
Possible stop plan idea:  A close below $57.09

Members the trading room password will be updated tomorrow night after member E-Learning.

Good Morning, 

SPY:  For the past five months, the SPY has been in a choppy, peak-and-valley condition with the T-Line and the 20-simple Continue Reading

Swing Trade Ideas March 27, 2015

Today’s Swing Trade Ideas

NOG/Long (Energy Sector)  If you look at your daily chart over the past nine days, you can see a hammer, a Bullish Engulf, Doji’s, another Bullish Engulf, a Bullish Doji Sandwich, and a Rounded Bottom Breakout.

More on how to trade NOG in the trading room today at 9:10 AM EST.
Possible entry plan idea:  The buy box is from $7.70 to $8.10
Possible stop plan idea:  A close below $8.10

An interesting tidbit:  In 2015, we have had 4 consecutive down days five times now.  In 2014, we didn’t have any 4 consecutive down days.  Also, we haven’t had 2 consecutive up days in 27 days.

Good Morning, 

SPY:  Yesterday’s Doji in the SPY found support at the recent March lows which could lead one to believe a minor relief rally
could be in order.  There are a few troubling things that I would like to share.  On the daily chart, the T-Line has now broken Continue Reading