$IPI Bullish Flag Breakout
(Intrepid Potash Inc) $IPI The Bullish Flag Breakout yesterday came after a Bullish T-Line Run. Yesterday’s breakout also closed above The T-Line High Band, and the faster moving was below the Band indication a PBO (Pull Back Opportunity)
Good Trading – Hit and Run Candlesticks
Learn more about Hit and Run Candlesticks, and today’s trade idea and plan plus the 10 or more members trade ideas, starting at 9:10 EST AM every morning. Every day we teach and trade using the T-Line, Candlesticks, Support and Resistance, Trends, chart patterns and continuation patterns.
Trade Updates – Hit and Run Candlesticks
16 position remained open and closed 17 in the past 30 days. 28% cash is now on the side lines. Trading the past week has been tuff, don’t let anyone tell you different. Our average win rate has dropped below 60%, and the average gain has dropped. Knowing how to evaluate your trading record and match it with marker performance you have a reached a new level in trading.
Are you having trouble putting together a winning trade? Not sure what scans to use? So near to having multiple winning trades, but something always goes wrong. Maybe a couple hours with a trading coach could make all the difference in the world. Hit and Run Candlesticks has 4 trading coaches – Learn More about the Coaches
With on-demand recorded webinars, eBooks, and videos, member and non-member eLearning, plus the Live Trading Rooms, there is no end your trading education here at the Hit and Run Candlesticks, Right Way Options, Strategic Swing Trade Service and Trader Vision.
[52.14%] IPI was first presented to HRC members on May 16
IPI, made another break for higher numbers yesterday closing above our first target, the second and third will soon come.
Hit and Run Candlesticks members have learned the importance of their trading tools, Price with Candlesticks and manage their trades using The T-line, Trend, Trend Lines, Support, and Resistance.
Eyes On The Market (SPY)
DOW hit $2200 while SPY, QQQ’ and IWM all stayed behind and trapped between Support and Resistance. [IYT] The transport ETF has been trending down and now tagging the 200-SMA, still no bullish sign. SMH looks like is weak and having trouble staying bullish.
What is a Trade Idea Watch-list?
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 watch list, we wait until price action meets our conditions for a trade.
Rick’s personal trade ideas for the day MEMBERS ONLY
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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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