In the Past 7 Trading Days 7 Higher Lows
(SPY) – A Bullish T-Line Run and in the past 7 trading days 7 higher lows. Despite the Bearish resistance the Bull has managed to break through. The Harami candle printed on Friday may be suggesting the SPY needs a little rest and test.
Hit and Run Candlesticks overall plan are to remain bullish until we see a Candle Signal or a chart pattern breakdown. We often look at the 2 and three-day charts to peel off a little noise. On the three-day chart, we see a Bullish Engulf, double bottom, Bullish Morning Star, and a Bullish Harami. W hope that helps.
FREE TRADE IDEA – IMMU
IMMU gapped out of a Bullish “W” pattern, then broke out of the March highs on a Bullish Engulf. Consolidated as it ran the T-Line. Start your membership
VEEV is up 27.28% from out members only post on April 21, 2017. What a great T-Line Run!
100 shares of VEEV was worth $1432 Friday – Learn the T-Line from the creator of the T-Line.
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What is a Trade Idea Watch List?
A trade idea watch list 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 watch-list, we wait until price action meets our conditions for a trade.
Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not 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 advise to anyone except for the trading desk of Hit and Run Candlesticks Inc.
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