Today’s Swing Trade Ideas

TZA/Long  (Small-Cap Bear 3X ETF)  TZA is back on the featured list because it’s off its lows closing above the t-line and a swing low buy signal along with a candlestick continuation pattern.

My entry plan idea:  Above the t-line, careful not to Chase
My stop plan idea:    A close below the T-Line for now

Good Morning,

SPY:  We’ve sure seen a lot of Doji closes in the spy over the past couple of weeks so yesterday’s Doji close should not have been a surprise and the buyers have continued to keep price leading the t-line in Continue Reading

Today’s Swing Trade Ideas

LRAD/Long  (Technology Sector)  LRAD is forming a bullish W pattern that has now come back over the big three with a 13.88% move yesterday after a PBO double bottom pattern with about a 20% profit target or more depending on your entry and exit.

My entry plan idea:  Below $3.20 inside day

My stop plan idea:    A close below the T-Line for now

MITK, URZ, SNSS, KING, SPEX, BDBD, EXK are all double digit gainers from our MEMBERS’ trade Ideas over the last 12 days ranging from 10 – 44%. Looking for a friendly “Cheers” like trading room?

Good Morning,

SPY:  The flagship of stock trading which is price continues to sail into bullish waters. The SPY has been consolidating over the last few days and the bullish decision of yesterday is forming a Continue Reading

Today’s Swing Trade Ideas

EXK/Long  (Basic Materials Silver)  EXK has been in a downtrend and is now trying to construct at least a short-term bottom.  The bottom construction started on November 10 then on November 14.  A bullish engulf was printed with a bullish doji harami follow-through yesterday closing over the t-line. EXK is now set up in a strategy we call “The Pinball.”  With the first target around $3.50, an entry below or very near $2.87 could produce about a 23% profit.

My entry plan idea:  Below $2.87
My stop plan idea:    A close below the T-Line

Member E-Learning/Coaching tonight, 8:00PM Eastern in the Live Trading Room (Password Required)

Good Morning,

SPY: The SPY continues to maintain its bullish posture by continuing to close above the t-line and with a tiny bullish engulf after two doji’s.  All of this happening yesterday while there was talk about a Continue Reading

Today’s Swing Trade Ideas

TZA/Long  (Small-cap bear 3X)  TZA printed a bullish piercing candle on Thursday and a Doji Friday at the upper wick area of Thursday’s piercing candle telling us that the buyers are taking charge with the whole Harami Doji continuation candle. A close over the t-line could set us up for about a 10-15% bounce if the sellers in the market has their way.

My entry plan idea:  A buy above the T-Line.
My stop plan idea:    A close below the T-Line

Good Morning,

SPY:  Last week I wrote about how a Doji needs attention especially after a long trend and that the subsequent following candle can be very telling. Friday ended up Continue Reading

Today’s Swing Trade Ideas

BEE/Long  (Hotel & Motel)  BEE is forming a Bullish J-Hook pattern after breaking out of recent resistance. BEE looks like a trade above $13.19.

My entry plan idea:  A buy above $13.19 or below $13.19 and above the T-Line.

My stop plan idea:    A close below the T-Line

Rounded Bottom Breakout (RBB)  multimedia course is now on sale until midnight tonight for $297.00.  After midnight, standard pricing applies.  See below:

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Today’s Swing Trade Ideas

TSLA/Long  (Auto Manufacturers)  TSLA appears to be recovering from the 200- period moving average and has recovered two other times in the past from the 200-period moving average.  With yesterday’s close over the 50-period moving average and yesterday’s gap, it tells the story that the buyers are stepping in.  An inside day buy today just might make for a nice entry.

My entry plan idea:  A buy above $242.70 and below $250.95.   Of course, a breakout would work as well.
My stop plan idea:    Manage the trade with a stop on a close below the T-Line to start with.

The Rounded Bottom Breakout (RBB) E-Book Course is on sale right now for only 3 more days at $297.00.  November 14th at midnight, standard pricing applies.

Members $347.00

Retail $447.00

Pre-launch Special $297.00

Below are a few RBB Examples.  One $1,500 RBB trade at 20% would pay for the RBB course and you keep it for life.  Ready to learn a trading strategy that has rules and works?   Yes, I am!

UIC +25%

MITK +25%

ONE +24%

NDLS +29%

BCOV +20%

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Today’s Swing Trade Ideas

BCOV/Long  (Technology Sector Software Application)  BCOV was a featured trade idea on November 3, again on November 5, and now today.  BCOV has had a nice PBO with a Bullish Engulf off the T-Line and positive follow-through demonstrating the Bulls are in charge.  A bullish J-Hook is forming that could push BCOV into the gap and up to the 200-day simple moving average, approximately 19% from yesterday’s close.

My entry plan idea:  Currently long from $6.56, I will consider adding on intraday consolidation and a new buy might be considered on a J-Hook breakout over $7.00.
My stop plan idea:    A close below the T-Line

• E-Coaching open to the public tonight at 8 p.m. Eastern in the Live Trading Room
• No password required, Trading Room opens at 2 p.m. Eastern Click Here

• The long awaited Rounded Bottom Breakout E-Book Course is on sale right now for a very special pre-launch discount of $297.00 for the next 3 days!  Starting November 15, 2014 the cost will be as follows:  Retail non-members $447.00, members $347.00.  Your discounted pre-launch cost is only $297 for the next 3 days.

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Today’s Swing Trade Ideas

REXX/Long  (Energy Sector Oil and Gas)  With a close over the T-Line REXX will confirm our pinball setup strategy, prices found that the T-Line can be a strong resistance line and keep price pushed down, Friday price took control and closed over the T-Line following a double hammer bottom.  With about 20% to the pinball target.  Remember to keep your stops in place and trade with your rules.

My entry plan idea:  Below $8.27 and above $7.38
My stop plan idea:    A close below the T-Line

Good Morning,

SPY:   The spy continues its bullish journey and has had only PBO profit taking signals… Continue Reading

Today’s Swing Trade Ideas

NLNK/Long  (Healthcare Sector Biotechnology) NLNK recently broke above the big three and the 200-day simple moving average and has now pulled back to the 20- day simple moving average.  Yesterday it closed over the T-Line forming what looks like a J-Hook PBO.  From the T-Line to the recent high is about 25%.

My entry plan idea:  Above the 20-day SMA and below yesterday’s high (inside day)
My stop plan idea:    A close below  $30.53

Good Morning,

SPY:   Yesterday the SPY broke out ahead of job numbers yesterday… Continue Reading

Today’s Swing Trade Ideas

SCOK/Long  (Basic Materials: Sector)  SCOK has pulled back from its October 20 gap filling the window and posting a Bullish Engulf yesterday.  From yesterday’s close to the high of October 20 is approximately 30% of profit anyone could be happy with.  The chatter yesterday on SCOK in the trading room was positive alerting our members.

My entry plan idea:  (Currently own @ $3.26)  Will add on positive trading and above $2.61
My stop plan idea:    A close below $2.59

Good Morning,

CLVS:  CLVS was a featured trade idea back in August, and we have talked about it several times in the trading room over the past couple of months.  CLVS has hit our target and then some with about 29% and more if you swung the peaks and valleys.  Great job to those who traded CLVS.

SPY:   More consolidation in the SPY yesterday.  Basically the bulls and the bears are getting along or maybe trying… Continue Reading