Don’t Fall For The “Yellen” Knee Jerk Today
(SPY) Today could be a game changer, or just more of the same just don’t fall for the “Yellen” knee jerk today. We at Hit and Run Candlesticks have always found it better to be patient and follow the charts. Never could understand why traders continue to front run and guess what will happen. Currently, the Bulls are in control over about $241.90 on the SPY, under could be a different story.
Free Trade Idea – HDP
HDP (Hortonworks Inc) Gapped and broke out on May 5th ran a bit and then stared to see profit taking. HDP looks have found support near the 34-ena and the 50-sma. A Bullish Morning Star lead to a breakout of the T-Line. Over $13.60 we see a possible 20%
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Conditions For The HDP Trade
- Higher Lows and Higher Highs
- 2 and 3 day J-Hook setting up
- Trending
- Bullish Engulf (5 day chart)
- Swing or swings: 20% Plus
Why Trade With Hit and Run Candlesticks
OMER is up 23.46% from our members only post on April 4, 2017 and up 14% yesterday. Tell us why your not with us and you could win.
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Email us back and let us know why your not a member and you could win a $20.00 gift card to Amazon. Will will be giving 5 Amazon gift cards away.
200 shares of OMER was worth $744.00 Yesterday –
Hit and Run Candlesticks Movers Yesterday
- OMER 15.5%
- HDP 10.76%
- SGMS 8.35%
What is a Trade Idea Watchlist?
A trade idea watchlist is a list of stocks that we feel will move in our desired direction over a swing trader’s time frame. That time could be one to 15 days for example. From that watchlist, we wait until price action meets our conditions for a trade.
MEMBERS ONLY
Investing and Trading involve significant financial risk and are 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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