Today’s Swing Trade Ideas
FNF/Short (Insurance) After a five-month run FNF is now closed back below the big three. Recently creating a lower high followed by a bearish Doji sandwich (continuation pattern)
To learn more about FNF, join me in the live trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $36.85 to $35.35
Possible stop plan idea: A close above T-Line
Good Morning,
SPY: In yesterday’s e-mail I wrote: “While the SPY failed to close over the $210.80 area yesterday, if the buyers can manage Continue Reading
Today’s Swing Trade Ideas
CLNE/Long (Energy sector) CLNE Was pointed out in the trading room by another member, a rounded bottom breakout that has found support on the 50–simple moving average a hammer followed by a series of candlesticks a few of which are Doji’s and one a Bullish Engulf. Yesterdays close over the 20–simple moving average has set CLNE up to retest the recent high near $6.20 with a possible reach for about the 200–simple moving average
To learn more about CLNE, join me in the live trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $5.06 to $5.37
Possible stop plan idea: A close below T-Line
Good Morning,
SPY: Yesterdays gap and negative close below the T-Line and the 20 – simple moving average might be setting the spy up to Continue Reading
Today’s Swing Trade Ideas
NES/Long (Waste management) Over the last nine weeks we’ve seen a lower high and a higher low with a bullish hammer about a week ago. On Monday, NES formed a Bullish Engulf with a double bottom. Yesterday’s follow-through closed it up over the big three making it a Rounded Bottom Breakout
To learn more about NES, join me in the live trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $3.26 to $3.80
Possible stop plan idea: A close below $3.44
Good Morning,
SPY: The last three trading days, the SPY has been wandering aimlessly keeping everyone on edge as to whether this is just part of the bullish “wall of worry,” or is it something to be concerned with? Here are three trading ideas that might help:
- Always follow the trend that fits in your time horizon
- Always be vigilant
- Always be a profit trader
Continue Reading
Today’s Swing Trade Ideas
SNSS/Long (Healthcare Biotechnology) SNSS has formed a RBB pattern with a PBO hammer the day before yesterday, followed by a strong buyers’ present yesterday. SNSS is also forming a cup with about 10% left to the cup top. From there, we could see a nice rally followed by a pullback to start forming the handle.
**To learn more about SNSS, join me in the live trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $2.36 to $2.70
Possible stop plan idea: A close below $2.36
Good Morning,
SPY: With yesterday’s inside day close and the recent higher highs and higher lows continuing to close over the T-Line, we would Continue Reading
Today’s Swing Trade Ideas
WLL/Long (Energy Sector) Rounded Bottom Breakout, Left/Right Combo, higher lows can be drawn, bullish candlesticks above recent gap, 30% possible profit target. All this points to a very tradable chart. To learn more about WLL, join me in the live trading room today at 9:10 AM Eastern.
Possible entry plan idea: The buy box is from $36.24 to $42.76
Possible stop plan idea: A close below $36.24
Good Morning,
SPY: No rate hike by the Feds and the market soars with dovishness!
Continue Reading
Today’s Swing Trade Ideas
NQ/Long (Technology) NQ has formed a Rounded Bottom Breakout and a bullish scoop pattern.
Possible entry plan idea: Above the T-Line and/or a breakout of $4.03
Possible stop plan idea: A close below the T-Line
More on how to trade NQ in the Live Trading Room 9:10 AM Eastern
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Good Morning,
SPY: Yesterday the SPY closed with an inside day Doji while resting on the T-Line, once again failing to clear the $208.70 area. Continue Reading
Today’s Swing Trade Ideas
AKAM/Long (Technology) AKAM is trying to break out of consolidation with a Doji continuation pattern and may be trying to reach the $100 area in the near future.
Possible entry plan idea: Above $70.80 and/or breakout of $72.08
Possible stop plan idea: A close below 70.80
More on how to trade AKAM in the Live Trading Room 9:10 AM Eastern (Not Today)
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KNDI was a big success with its gap to the 200-simple moving average. On the other hand,
yesterday’s featured trade idea, NTLS, was downgraded and ran to the 50-simple moving average. NTLS should not have been bought or should have stopped out around $5.70 that I posted.
Good Morning,
SPY: Follow-through or trend continuation is very important for the success of a swing trader. With yesterday’s close of $208.58, Continue Reading
Today’s Swing Trade Ideas
NTLS/Long (Telecom Services) NTLS has formed a bullish J-Hook breakout into a void while in a RBB pattern.
Possible entry plan idea: Below $6.41 and above 5.70, breakout buyers above 6.41
Possible stop plan idea: A close below 5.70
More on how to trade NTLS in the Live Trading Room 9:10 AM Eastern
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LOCO, closed LOCO with a nice profit ahead of the weekend, will be watching for another trade this week.
Good Morning,
SPY: The SPY has yet to produce a close over the T-Line, but it did hold Wednesday’s low, and the SPY is trying to make the 50- Continue Reading
Today’s Swing Trade Ideas
ZU/Long (Specialty Retail) ZU Is set up for one of our Pinball Plays. ZU has also printed A Bullish Morning Star Signal and your left right combo, (Doji Bullish Engulf).
Possible entry plan idea: Above the T-Line
Possible stop plan idea: A close below the T-Line for now
More on how to trade ZU in the Live Trading Room 9:10 AM Eastern
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TASR was pointed out in the trading room Wednesday and was also bought closing it out Thursday for a 9.94% gain.
LOCO, Myself and a few members have been holding Loco and as you can see it’s gapping up today, raise your stops or take your profits but gaps are always gifts.
Good Morning,
SPY: Yesterday was a fantastic day for the members of our trading room! But let’s not get ahead of ourselves too fast. Let’s be smart about the money we pocketed yesterday.
Continue Reading
Today’s Swing Trade Ideas
WERN/Long (Trucking) WERN printed a Bullish Engulf yesterday supported on the 50-simple moving average closing back above the 20-simple moving average and the T-Line on higher than normal volume. IYT, the transportation ETF, had a candle-positive day yesterday but still closed under the 50-simple moving average. Follow-through is needed.
Possible entry plan idea: Above the $31.25
Possible stop plan idea: A close below the T-Line end of day
**More on how to trade WERN in the Live Trading Room 9:10 AM Eastern Trading Room.
Good Morning,
SPY: From the close yesterday and on the daily chart, the sellers still have control with yesterday printing a Continue Reading
