Swing Trade Ideas July 1, 2015
One of Today’s Featured Trade Ideas
ANTH/Long (Healthcare) On June 11, ANTH was our featured trade idea that is currently up 7.75%. I am going to feature it again today because of the PBO (pull back opportunity) set up. ANTH has had consolidation the last few days forming a flag. The gap down Doji then a gap up yesterday closing above the T-Line and the 20-day simple moving average makes ANTH a bullish opportunity.
ANTH Trading Plan (Entry, Stop, Target) Click Here
From the “Members’ Featured Trade Ideas”
ALDR up 12.85% yesterday and up 26.27% overall
AOI up 11.68% yesterday and up 1394% overall
AKBK up 9.82% yesterday and 9.82% overall
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Trade with the best.
Good Morning,
SPY: The rumor is that Greece agrees to the terms, and the market seems to like it. I will continue to trade the same way I do most days, and that would be following the chart. The past five days have been hard on the market. The SPY has gone from its highs all the way down to the 200-day simple moving average; that kind of bearish move needs to have a bullish reversal pattern to trade on confidence. Trading volume is likely to be a little weak today and tomorrow due to the three-day holiday. I personally do not see any reason to get overexcited about any trading till next week.
IWM: IWM found a little support to rest on yesterday near the 50-day simple moving average but still needs a reversal pattern to become a bullish scenario. As of right now, the sellers maintain control. Over the next couple of days, that could change in light of Greece possibly accepting terms, but I do think the best practice is to wait for the chart pattern.
SMH: SMH got slammed hard dropping to the 200 SMA closing at $54.31 yesterday. The weekly chart shows a very organized bearish engulf followed by a bearish flag followed by another bearish engulf with a gap down. The bulls will need quite a bit of good news and a big lunch to get SMH turned back around to bullish. Watch the $51.95 area.
IYT: The Transports continue to show weakness going into the three-day weekend, and I still have a target area of $143.50 to maybe $139.75.
This Week’s Economic Calendar—> Click Here
Each day 10 -15 stocks are posted in the members area that I believe are poised to move 10-20% (maybe more) within the next few days based on the charts. As you know some work and some don’t…Welcome to trading. Please follow your trading rules for entry stops and profits. Remember to check for earnings!
Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.
| Members only | Date | Long/Short | Try our Membership, Check out the Trading Room | |
| 6.30.15 | Short | Bounce likely | ||
| 6.29.15 | Short | Bounce likely | ||
| 6.25.15 | Long | Wait for PBO | ||
| 6.24.15 | Long | BOPT above T-line | ||
| 6.23.15 | Long | Wait for PBO | ||
| 6.22.15 | Long | Wait for PBO | ||
| 6.17.15 | Long | BOPT above T-line | ||
| 6.16.15 | Long | Watch for PBO | ||
| 6.12.15 | Long | BOPT above T-line | ||
| 6.11/7.1 | Long | BOPT above T-line | ||
| 6.10.15 | Long | Close or manage | ||
| 6.9.15 | Long | BOPT above T-line | ||
| 6.3.15 | Long | Watch for PBO | ||
| 5.30.15 | Long | Wait for PBO | ||
| 5.29.15 | Long | BOPT above T-line | ||
| 5.21.15 | Long | BOPT above T-line | ||
| 5.20.15 | Long | BOPT above T-line | ||
| 5.19.15 | Long | Caution | ||
| 5.6.15 | Long | Caution | ||
| 4.28.15 | Long | BOPT above T-line | ||
| 4.13.15 | Long | BOPT | ||
| 6.3.15 | Long | Hit Target! | ||
| 7-8-14 | Long | Looking short |
VXX S&P 500 VIX Short Term Futures: A close above the T-Line ™ implies the bullish short-term swing traders are in control.
Energy Sector: XLE, SX90, ERX, USO A close below the T-Line ™ implies the bearish short-term swing traders are in control.
SMH: A close below the T-Line ™ implies the bearish short-term swing traders are in control.
IYT: A close below the T-Line ™ implies the above short-term bearish swing traders are in control.
US Dollar Index: UUP, DXYO A close above the T-Line ™ implies the bullish short-term swing traders are in control.
The information in this email and Blog Post are notes to myself and should NOT be construed as financial or trading advice.
Investing and Trading involves significant financial risk. No communication should be construed as financial or trading advice. All information provided is for Educational Purposes Only.
Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.
http://hitandruncandlesticks.com Trading for Profit is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not tell or suggest which securities or currencies customers or subscriber should buy or sell. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here.
