Considering VRX Over $20.25
A trade I am considering is VRX, over $20.25 VRX should run to the January highs. The weekly chart is in an (RBB) Rounded Bottom Breakout chart pattern with target zones near $31.00 and $41.50. Price action on the weekly chart has crossed up through the T-Line with a constructive bullish pattern. We have VRX and a few others on our watchlist for consideration to buy.
We will cover more details about stops and entries in the HRC trading room. Live Members Morning Prep with Steve Risner at 8:45 AM Est. And Rick Saddler at 9:10 am this morning.
Testimonial
In the past eight months, I have been a fortunate member of Hit and Run Candlesticks Right Way Options. The education on a day-to-day basis is both informative and fun. The E-learning further cements the learning experience along with the educational archives and methodology. If you enjoy working with other members to solve mutual options strategies engagingly with a sense of purpose, then this membership can be yours.
Jerry Hefner
SPY Closes Over The 50-SMA
The SPY closed over the 50-SMA yesterday adding new life to the bull market. Now price needs to hold the 50-SMA, and we need to see follow through. The next challenge will be $271.30. The Volatility vs. price has gone positive on the 1 and two-day charts, but the 3,4 and five-day charts are still negative. Go Bulls!
VXX – no fear
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Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI
To learn more about our trading tools join us in the trading room or consider Private Coaching.
Testimonial
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
Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.
Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.
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