Spotlight Chart – OVAS

Targets Hit- 19%

Members Trade Idea – March 14

2000 Shares Invested – $620. in your pocket

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Featured trade idea – NCR

Set Up – Weak top, Bearish h pattern

Potential Swing profit – 7 – 20% Plus

From a bull’s eye SPY:

Nice recovery of the SPY yesterday after the gap down and testing its 50-sma. There is a chance of minor follow through but I don’t think we see anything major. As a chart follower, the charts are suggesting the SPY and the market will see more correction.

Star light, star bright, first star I see tonight . . . . Unfortunately, this hopeful nursery rhyme doesn’t apply in the world of swing trading, where an Evening Star candlestick pattern indicates that very bad things are on the horizon. When traders spot this pattern, which is a top reversal signal, they know that lower stock prices may soon be on the way. However, the Evening Star candlestick pattern is a tricky pattern to identify, so investors must proceed with caution when they think they’ve sighted it. Scroll down to learn a little more about this hard-to-spot signal.

Investing and Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks or it’s associates should be considered as financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service

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© 2007 – 2017 Hit & Run Candlesticks – Right Way Options – Strategic Swing Trade Service – Trader Vision – All Rights Reserved. Terms of Service Investing and Trading involves significant financial risk and is not suitable for everyone. No communication from Rick Saddler, Doug Campbell or this website should be considered as financial or trading advice. All information is intended for Educational Purposes Only.