One of Today’s Featured Trade Ideas
No trade Idea today: However, I do have 14 trade ideas for members that are from the members’ trade ideas posted from the last few days.
I will be covering more on the trade plan (entry, stop, targets) in the trading room at 9:10 AM EDT today. Click here to learn more
Something to think about:
Rule #32 Don’t fight the trend
Members of both Hit & Run Candlesticks and Right Way Options, the trading room passwords will change this weekend.
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One of Today’s Featured Trade Ideas
ENV/Long (Industrials) ENV Is one of our Rounded Bottom Breakout setups that has also formed an ascending triangle and currently a flag formation with a bullish piercing candle. I will be covering more on the trade plan (entry, stop, targets) in the trading room at 9:10 AM EDT today. Click here to learn more
Something to think about:
Rule #29 Trade the chart in front of you.
ENV Trading Plan (Entry, Stop, Target) Click Here
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One of Today’s Featured Trade Ideas
VNTV/Long (Industrials) VNTV printed a bullish morning star signal yesterday after a three-day profit taking pull back, with a breakout of $41.05. VNTV could see a 5 to $10 run.
I will be covering more on the trade plan (entry, stop, targets) in the trading room at 9:10 AM EDT today. Click here to learn more
Something to think about:
Know who you are as a trader and be your own trader. Do you have the personality for swing, day or long term trading? Stick with the type of trading that fits with your lifestyle and personality. Be your own trader and don’t be a follower. You need to be confident in the trades you execute and this means understanding the trade and believing in the trade. Just because someone else takes a trade doesn’t mean it is right for you.
Public E-Learning tonight 8:PM in the H&R Trading Room
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VNTV Trading Plan (Entry, Stop, Target) Click Here
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One of Today’s Featured Trade Ideas
ACTG/Long (Industrials) ACTG is one of our Rounded Bottom Breakout strategies that has started a low-high/higher-low/higher-high trend.
I will be covering more on the trade plan (entry, stop, targets) in the trading room at 9:10 AM EDT today. Click here to learn more
Something to think about: Focus on the best trades for you. Study stock charts and identify high probability setups. Start with one or two trade setups, master them and then add more setups.
Members E-Learning tonight 8:PM in the H&R Trading Room
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ACTG Trading Plan (Entry, Stop, Target) Click Here
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One of Today’s Featured Trade Ideas
TACO/Long (Restaurants) Del Taco Restaurants broke out big time in early March soaring to the $17 area. On May 20, profit taking started to plague TACO pushing price down below its 50-day simple moving average. For little over a month, price walked just underneath the 50-day simple moving average and has now closed back above the 50 SMA. TACO may be headed to retest the May highs, and from there it may be positioned to break out to new highs
I will be covering more on the trade plan (entry, stop, targets) in the trading room at 9:10 AM EDT today.
Click here to learn more
Something to think about:
Rule #27 Gaps are gifts
TACO Trading Plan (Entry, Stop, Target) Click Here
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One of Today’s Featured Trade Ideas
DGX/Long (Healthcare Diagnostics and Research) On July 8, DGX found support on the 200 SMA and a double bottom bouncing back above the big three creating a high, then pulling back the last several days creating a higher low finishing yesterday with a bullish morning star signal and what we call a moving average squeeze.
I will be covering more on the trade plan (entry, stop, targets) in the trading room at 9:10 AM EDT today.
Click here to learn more
Something to think about:
Rule #24 Cash is a position, too.
DGX Trading Plan (Entry, Stop, Target) Click Here
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One of Today’s Featured Trade Ideas
ANTH/Long (Healthcare, Biotechnology) ANTH has been a featured trade idea in June and July. I am featuring it today because of how it’s coming out of a rounded bottom in a Doji continuation pattern or Doji sandwich, as it sometimes is called. ANTH is still about a dollar away from our first target.
I will be covering more on trade ideas in the trading room at 9:10 AM EDT today.
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ANTH Trading Plan (Entry, Stop, Target) Click Here
Something to think about:
Rule #23 Trading is probabilities.
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One of Today’s Featured Trade Ideas
LEAF/Long (Financial/credit services)
After a 70% run back in February/March, LEAF has pulled back below the big three, formed a rounded bottom and has now broke out above the big three. The price action of July 16 suggest that the buyers plan on taking LEAF higher after the 16th we can see a 2 bar flag and then a bullish breakout yesterday.
I will be covering how to trade this chart in the trading room at 9:10 AM EDT today
Click here to learn more
Something to think about:
Rule#22 Don’t panic
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One of Today’s Featured Trade Ideas
AMPE/Long (Healthcare Biotechnology) I will be using the Rounded Bottom Breakout (RBB) strategy to trade AMPE. After the gap in April, the artist has painted a cup and handle and a flag the last few trading days and a closing Bullish Engulf yesterday. To find out more about this trading strategy, please check out our membership.
AMPE Trading Plan (Entry, Stop, Target) Click Here
Something to think about:
Rule #21 Never be fully invested
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One of Today’s Featured Trade Ideas
ABMD/Long (Healthcare, Medical Devices) Over the past few months, ABMD has formed a symmetrical triangle flirting with the big three and the 100 SMA. This past week, ABMD has had a little run bringing price back over the T-Line and 20 SMA with a little flag at the end of last week and a Friday breakout. ABMD closing Friday at $72.33 puts it in striking distance of the $100 price target.
ABMD Trading Plan (Entry, Stop, Target) Click Here
Something to think about:
Rule #19 — Don’t chase a trade.
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