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
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
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
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
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
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
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
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
