Hard Right Edge Bullish Engulf

Loving Life as a Swing Trader

Yesterday’s price action created a hard right edge Bullish Engulf proceeded by a breakout of July’s high. The breakout has also caused a continuation pattern to form, and it’s above the highs of 20 days ago. The moving averages and the V-Stop are all walking up with a price. We are considering a bullish buy above $$20.30 with two swing targets above. A stop about $19.70 gives us a 3:1 risk reward. For more details on the KBR trade, please click the following link. Get the complete details including Fibonacci details TV2020 trade plan right here

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

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►What is Rick is adding to his trade watchlist today? A 246% plus increase in 7 months can’t be all wrong.

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SPY • A State of Rest

For the last couple of days, the SPY has been in a state of rest; the chart tells us this with the two doji’s, a fairly tight range and the low volume we have experienced. The 25-day trend remains in tacked after the test of the 50-SMA, and the 5-day trend remains in tacked with price action riding the T-Line, this is what we call a T-Line Run. Everyone is waiting for the buyers to challenge 2018 high and whether or not price will continue on or not.

****VXX – The VXX chart is below the T-Line, no fear, no worries.

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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 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.