Swing Trade Ideas May 1, 2015

Today’s Swing Trade Ideas

NOG/Long (Energy sector) NOG Is currently a featured trade idea and I am featuring it again today because of the bounce off the 50 day simple moving average and the possibility a bullish continuation pattern (Doji sandwich)

More on how to trade NOG in the trading room today at 9:10 am EDT
Possible entry plan idea:  The buy box is from $22.12 to $23.47 or a breakout
Possible stop plan idea:  A close below $22.12 or the T-Line

There is currently a buffet of stocks for the trader looking for long positions and short positions, whether you are a profit trader, swing trader or a day trader.  We encourage you to check out Hit&Run Candlesticks and discover the power of our live trading room.

Meetups
Corpus Christi, Tx. Saturday May 9, 2015
Please contact me for details

Vancouver BC, July 18, 2015
Details coming

Friday “Open Mic”  Friday May 1, 12: PM EDT
Volunteers  Welcome

Profit Scanner Users & Trial Users
Advance Scanner Set-up
Monday, May 4,  Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
You should have the same tools the pros have – 2-Week Free Trial Click Here

Good Morning, 

SPY:  The April 27 Bearish engulf continues to put pressure on the SPY, enough to put yesterday’s close below the 23.6% Fibonacci retracement.  Couple that with  closing below the big three and below the T-Line just adds to the sellers’ pressure.  $210.50 is the Continue Reading

Swing Trade Ideas April 30, 2015

Today’s Swing Trade Ideas

FET/Long (Energy sector) FET was a featured trade idea on April 27, it has had a slight pullback to the T-Line and we are currently looking at two Doji’s.  Now were watching for the buyers to move it higher

More on how to trade FET in the trading room today at 9:10 am EDT
Possible entry plan idea:  The buy box is from $22.12 to $23.47 or a breakout
Possible stop plan idea:  A close below $22.12 or the T-Line

Friday “Open Mic”  Friday May 1, 12: PM EDT
Volunteers  Welcome

Profit Scanner Users & Trial Users
Advance Scanner Set-up
Monday, May 4,  Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach

You should have the same tools the pros have – 2-Week Free Trial Click Here

Good Morning, 

SPY:  There is not much change in the SPY nor IWM after yesterday’s Fed statement.  We still have the Doji bearish engulf lurking over us from Monday that I’m sure the bears will try desperately to utilize.  You can see from your charts that the SPY is still just moving sideways from early March the past 30 days the Bulls have controlled with a Continue Reading

Swing Trade Ideas April 29, 2015

Today’s Swing Trade Ideas

VNET/Long (Technology sector) Has completed a rounded bottom breakout with the close over the 200-simple moving average.  Currently painting a bullish J-Hook continuation pattern with plenty of bullish canvas.

More on how to trade VNET in the trading room
Possible entry plan idea:  The buy box is from $20.30 to $20.86 or a breakout
Possible stop plan idea:  A close below $20.83 or the T-Line
Friday “Open Mic”  Friday May 1, 12: PM EDT
Volunteers  Welcome
Profit Scanner Users & Trial Users
Basic Scanner Set-up
Wednesday, April 29,  Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
You should have the same tools the pros have – 2-Week Free Trial Click Here
Good Morning, 
SPY:  The SPY gained a little of its loss back yesterday by printing a hammer that bounced off the 20-simple moving average and a trend line.  A requirement for a hammer is follow-through, keeping in mind that follow-through does not have to happen the very next day.  Before the Bulls can take on $212.48, they first need to win a mini battle at Continue Reading

Swing Trade Ideas April 28, 2015

Today’s Swing Trade Ideas

TZA/Long (Small Cap Bear ETF) After an extended downtrend TZA has formed a double bottom accompanied with a Bullish Morning Star Reversal Pattern closing above the T-Line and the 20-simple moving average.  Currently I’m anticipating TZA to become A Rounded Bottom Breakout.  I am personally long from $9.69.

More on how to trade TZA in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $p.78 to $10.12 or a breakout
Possible stop plan idea:  A close below $9.78 or the T-Line

Friday “Open Mic”  Friday May 1, 12: PM EDT
Volunteers Welcome

Profit Scanner Users & Trial Users
Basic Scanner Set-up
Wednesday, April 29,  Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach

You should have the same tools the pros have – 2-Week Free Trial Click Here

Good Morning, 

SPY:
A double top Doji bearish engulf is not a good combination to have if you are a bull, and that’s exactly what happened in the spy.  Although overall the spy and the market seems to be bullish yesterday was not a good day.  The Bulls did manage to defend their position above the T-Line the question is can they do it today.  It would be nice to see Continue Reading

Swing Trade Ideas April 24, 2015

Today’s Swing Trade Ideas

CLF/Long (Basic materials) CLF has put in a series of higher lows and bounced between the 50- and 20-simple moving averages.  With the pullback and morning star signal yesterday, CLF printed a 9.45% day stretching and warming up to be a J-Hook breakout continuation pattern which will become an RBB pattern over the 50-simple moving average

More on how to trade CLF in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $5.62 to $5.07
Possible stop plan idea:  A close below $5.07 or the T-Line

Friday “Open Mic”  Friday April 24, 12: PM EDT
A huge success last Friday.  Looking for volunteers.
Mark S. Open Mic 12:00 EDT

Profit Scanner Users & Trial Users
Advance Scanner Set-up
Monday, April 27,  Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach

Alerted us  Thursday April 23,
ASPS alerted a RBB @ 18.26 up 24%
SFUN alerted @ 8.05 today all day making new highs up another 9%
APPL alerted April 20, @ 125.58
MBT alerted on the Hammer and again today J-Hook
GEOS alerted near the close April 22 and again today
AKS alerted with a T-Line cross
WFT alerted with a T-Line cross

You should have the same tools the pros have – 2-Week Free Trial Click Here

Good Morning, 

SPY: The SPY closed above the T-Line with the T-Line above the big three implying that the buyers are in charge.  The buyers did control the SPY all day yesterday up to the very end, and as you can see with the high wick, there were a few buyers that jumped ship.  No matter, whatever the SPY does today, Friday’s are always a good day to be a Continue Reading

Swing Trade Ideas April 23, 2015

Today’s Swing Trade Ideas

GPRO/Long (Technology) GPRO has broken through its downtrend line and has a slight pullback with a Doji Bullish Engulf or a left/right combo looking like a J-Hook continuation pattern.

More on how to trade GPRO in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $43.62 to $46.95
Possible stop plan idea:  A close below $43.62 or the T-Line

Friday “Open Mic”  Friday April 24, 12: PM EDT
A huge success last Friday.  Looking for volunteers.
Mark S. Open Mic 12:00 EDT

Profit Scanner Users & Trial Users
Basic Scanner Set-up
Monday, April 27,  Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach

Alerts yesterday April 22,
CRNT member trade idea alerted @ 1.26 up 12%.
SFUN alerted @ 7.13 up 10%
NKA alerted @ 1.05 and again @ 2.04
BLCM alerted @ 26.80
You should have the same tools the pros have – 2-Week Free Trial Click Here

 

Good Morning, 

SPY:  The SPY continues to float sideways with a slight bullish edge.  $208.20 is the median price between the March highs and the April lows.  Currently, the price is above $208.20 as well as the 50-day simple moving average and the T-Line.

Trade wise and trade for profits, not home runs.  It’s a business, not a game.  Successful businesses have more than one product; so should your trading account. Continue Reading

Swing Trade Ideas April 22, 2015

Today’s Swing Trade Ideas

GILD/Long (Healthcare Biotechnology)  After printing a hammer on April 1 the buyers found an opening, running price up above the big three and the 200 – simple moving average.  The pullback and yesterday’s candle suggest that the buyers are still interested in may want to run GILD back to the high 116 area.

More on how to trade GILD in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $102.12 to $105.71
Possible stop plan idea:  A close below $102.12 or the T-Line

Friday “Open Mic”  Friday April 24, 12: PM EDT
A huge success last Friday.  Looking for volunteers.
Mark S. Open Mic 12:00 EDT

 

Profit Scanner Users & Trial Users
Basic Scanner Set-up – Today
Wednesday, April 22,  Meet-up at 11:00 AM EDT

Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
The difference the right tool makes – 2-Week Free Trial Click Here

VIPS gave an alert @ $28.23 yesterday
TSLA stating to give buy alerts
CYBR gave several buy alerts over the past couple weeks
INCY gave alerts before the breakout and a alert for the breakout

 

Good Morning, 

SPY:  As I mentioned in last night’s member e-learning the overall market indices were not giving favorable signals for the bull, and this morning the futures have chosen the dark side team.  A couple of days ago I posted a members list of possible shorts most of which are still looking like a short and SMCI would be worth over 6% in your pocket.

Continue Reading

Swing Trade Ideas April 21, 2015

Today’s Swing Trade Ideas

LOCO/Long (Restaurants)  LOCO has been a featured trade idea in the past and it is again today.  The chart continues to perform in a bullish manner.  A rounded bottom breakout has led LOCO to a bullish continuation pattern we call a J-Hook.

More on how to trade LOCO in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $27.41 to $28.92
Possible stop plan idea:  A close below $27.41 or the T-Line
Updates:
Friday “Open Mic”  was a huge success.  Looking for volunteers for this coming Friday.
Mark S. Open Mic 12:00 EDT
Profit Scanner Users & Trial Users
Monday, April 20, 2015 Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
The difference the right tool makes – 2-Week Free Trial Click Here
Basic setup Wednesday April 22, 2015 11:am EDT

Good Morning, 

SPY:  The SPY recouped its losses yesterday but is still closing within a range.  FYI, the range is getting smaller.  Overall, the buyers have managed to keep the trend working Continue Reading

Trade Ideas April 20, 2015

Today’s Swing Trade Ideas

DDD/Long (Technology)  3-D systems continues to strengthen coming off the bottom, and the rounded bottom breakout is coming from a double bottom and bullish “W” pattern.

More on how to trade DDD in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $30.06 to $31.77
Possible stop plan idea:  A close below $30.06 or the T-Line

Updates:
Friday “Open Mic”  was a huge success.  Looking for volunteers for this coming Friday.

Profit Scanner Users & Trial Users
Monday, April 20, 2015 Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
The difference the right tool makes – 2-Week Free Trial Click Here

Good Morning, 

SPY:  It looks as if the buyers are going to try to regain their losses Friday, and the sellers will try to hold on to their strength.  Both will be fighting for the 50-day simple Continue Reading

Swing Trade Ideas April 17, 2015

Today’s Swing Trade Ideas

LOCO/Long (Restaurants)  LOCO is another chart that has been a members’ featured trade idea and on the members’ list.  LOCO is another rounded bottom breakout that has proven itself like so many other rounded bottom breakouts.  The past eight or nine candles, LOCO has formed a PBO J-Hook formation while still in the rounded bottom breakout strategy.

More on how to trade LOCO in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $26.58 to $28.44
Possible stop plan idea:  A close below $26.58 or the T-Line

Updates:
Friday “Open Mic”  April 17, 2015 Current Speakers:
Petra
Jim C.
Ed C.

Appreciation Clinic for Rounded Bottom Breakout Book holders April 18,
Registration closes Friday, April 17, 12:00 PM EDT Saturday RBB Appreciation clinic

Profit Scanner Users & Trial Users
Monday, April 20, 2015 Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
The difference the right tool makes – 2-Week Free Trial Click Here

Good Morning, 

SPY:  In yesterday’s market note, I wrote that the SPY appears to be feeling a little pressure from the sellers, and it kind of looks like that pot starting to boil and somebody is Continue Reading