Classic Hit and Run Candlesticks (RBB) Setup

PZZA is a classic Hit and Run Candlesticks (RBB) setup looking for relief rally swings. Constructive bottom after a downtrend. A Bullish Morning Star started the game followed by a Bullish Inverted Head and Shoulder that has lead to price challenging the 50-SMA a brief rest then over the 50-SMA we go. Now we have an (RBB) relief rally setup that has a probability of a 10-15% stock trade or a 30% plus option trade. We are bullish on PZZA over $47.00 with a protective stop about $45.60

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

August “Road To Wealth” trading statement posted here Monthly Trading Results

What’s on Rick’s watchlist today? New brokerage statement says 258% increase this year.

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SPY Engulfs

The SPY found Buyers, support and a Bullish Engulf yesterday. The past 6-7 bars have shown how the bears can graze on the weak until they pick on the wrong Bull. It all started with the Inverted Hammer and support which needed and received positive trading the next two days. Yesterdays Bullish Engulf has run a few Bears off. Over the next few days, we need to see more bullish constructive trade to run the rest of the bears off. Over $289.60the Bulls should be free to roam around for a week or so. Below $286.75 would bring the Bears back.

****VXX – Key level for the fear chart (s) (VXX) is $33.40

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This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it’s a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. –Jonathan Bolnick

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Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020, Top Gun Futures or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.