Today’s Swing Trade Ideas
REN / Long (Energy sector) REN is a pinball setup with about 39% to the pinball target. REN is a 1-2-3 chart with a confirmed bullish morning star that has now closed back above the T-Line and the 20-day simple moving average. The chart is still in a confirmed downtrend; therefore, we are only looking for a relief rally.
My entry plan idea: Inside day with a close over the 20-day period moving average would be nice.
My stop plan idea: A close back below the T-Line.
Trade management is so very important.
Good Morning,
SPY: Prices closed back down through the T-Line which means the bullish swing trader has lost control until a bullish reversal signal and
Continue Reading
Today’s Swing Trade Ideas
No Featured trade ideas until next year
My entry plan idea:
My stop plan idea:
Remember last week we were talking about KNDI? How would you have liked to have bought it on the 23rd? KNDI was a trading room call at 11.36 on the 23rd
Good Morning,
Thank you and Happy New Year from Rick Saddler and Hit & Run Candlesticks. It’s because of traders just like you that have made the H&R Live Trading room such a success, which in turn has helped many traders find there trading path.
SPY: The SPY lost ground yesterday gapping and closing below its open. There is a high probability of price testing the T-Line today. Let’s not read too much into the market this New Year’s week; 2015 is right around the corner. Continue Reading
Today’s Swing Trade Ideas
No Featured trade ideas until next year
My entry plan idea:
My stop plan idea:
Good Morning,
SPY: The buyers have maintained control of the SPY through last week’s holiday, and it would appear they’re doing the same through this week’s Continue Reading
Today’s Swing Trade Idea
MOBI/Long (Technology) The MOBI weekly chart has formed a bullish hammer while the daily chart is in the process of forming a 1-2-3 LH-LH bottom (1-2-3 pattern – low high, low high). MOBI is also a Hit & Run Candlestick Pinball chart pattern.
My entry plan idea: Above the T-Line
My stop plan idea: A close below the T-Line
*You can learn more details in the members’ trading room about MOBI and many other trades.
KNDI – Up again on Friday making KNDI a trading room run for about 20%
Good Morning,
SPY: Not a bad week last week, all things considered, with low volume, half-day on Wednesday, closed on Thursday, and did we really want to work on Continue Reading
Today’s Swing Trade Ideas
MOBI/Long (Technology) MOBI weekly chart has formed a bullish hammer while the daily chart is in the process of forming a 123-LHLH bottom (123 pattern – low high, low high pattern) MOBI is also a Hit & Candlestick Pinball chart pattern.
My entry plan idea: Above the T-Line
My stop plan idea: A close below the T-Line
You can learn more details in the members trading room about MOBI and many other trades.
KNDI – a 15% trade from the trading room from Monday
Good Morning,
SPY: So far this week has acted pretty much how we expected, slow, lack of volume, bullish. On this Friday the last day of the trading week we Continue Reading
Today’s Swing Trade Ideas
ONTY/Long (Healthcare Biotechnology) A four-month rounded bottom is setting up with the right-side moneymaker still ahead of us. Moving averages are starting to flip to a bullish direction. December 12 saw large buyers stepping in with profit taking. I see a low high, higher low and higher high developing with a Doji and a Bullish Engulf the last two trading days.
My entry plan idea: Buy on positive trading above yesterday’s low $1.78 and on positive trading above $1.95
My stop plan idea: A close below $1.78
From the Members Trade Idea List:
KEG +16%
VHC +21% before pulling back
BCOV +27%
RATE 13.85%
ACHN +53%
Good Morning,
SPY: The SPY held up very well yesterday with a Doji sandwich continuation pattern above the big three at $207.47 in light of a holiday week. Continue Reading
Today’s Swing Trade Ideas
VHC/Long (Technology Sector) VHC has formed a rounded bottom breakout pattern (RBB) and a bullish morning star signal with follow-through and a double bottom a few days ago.
My entry plan idea: (Long Friday at 5.51) Today and add to or buy in the buy box, below $6.00 and above $5.98.
My stop plan idea: A close below $5.98.
Good Morning,
SPY: Most likely we will see light volume this week due to the holiday just as we did for Thanksgiving week. This week we are likely to see a lack Continue Reading
Today’s Swing Trade Ideas
XOOM/Long (Financial services) X00M was in gap a couple days ago closing over the 50-day simple moving average creating a rounded bottom breakout pattern on a strong bullish candle. Yesterday a Doji was formed above the 50-day simple moving average and in the upper half of Wednesday’s bullish candle creating a Doji continuation pattern or a Doji sandwich. There may be a little consolidation which would open the door for a better price entry.
My entry plan idea: In the buy box – between $15.86 and 16.98
My stop plan idea: A close below $15.86
- Open trading room today – All Day
- Free webinar today @ 2:00 PM Eastern
- To enter the free trading room today, go to the H&R Home Page and click on the “Trading Room Login” button at the top right.
Good Morning,
SPY: ♫♪All I want for Christmas are my two front teeth♫♪ And a big bullish rally Santa delivers. What a remarkable reverse in trading attitude the last two days. The Bulls have Continue Reading
Today’s Swing Trade Ideas
DGLY/Long (Technology sector) After forming a bullish kicker on December 2 and a small rally, profit taking took over pulling the chart back to its 50-day simple moving average where it started to create a bottom. Tuesday formed an inverted hammer followed by yesterday’s gap above the 20-day simple moving average and the Doji. In the recent past, you can also see a bullish “W” pattern.
My entry plan idea: In the buy box – between $13.22 and $17.03
My stop plan idea: A close below $13.19
- WRES was a quick day trade for +30.77% along with SN +12.4%
- On Friday, December 19, we have a special guest (one of our own members) that will present at 2 PM Eastern and you are invited. No password needed; we will post the link tomorrow morning.
Good Morning,
SPY: In yesterday’s morning email I posted a pretty picture of what I thought yesterday would end up (bullish morning star). We had the bullish inverted hammer in place; we just needed the bullish candle follow-through and like magic, it appeared. It wasn’t magic; it was reading the candlestick signals. Continue Reading
Today’s Swing Trade Ideas
UBNT/Long (Communication Equipment) UBNT has formed a double bottom with a Doji Bullish Engulf in early December and a Doji continuation pattern in the last three bars. A close over the 50-day simple moving average yesterday has set up the rounded bottom breakout pattern.
My entry plan idea: Ideally buy above $30.74 and below $32.77 or buy on positive trading above yesterday’s high.
My stop plan idea: On a bearish candlestick signal below 30.74.
Good Morning,
SPY: Yesterday was another day where the SPY closed below the T-Line after attempting a monster one-day rally but gave it all back before the close. I don’t believe the SPY has reached its low; Continue Reading
