Last Weeks-Channel Looking to Get Tested

Based on yesterday’s Bearish Engulf on the SPY chart, last week’s channel is looking to get tested. I put the top channel line about $238.80 and the bottom about $237.70. As of yesterday’s close, the bullish trend remains in tack, a close below the channel top line would put a little pressure on the Bulls and a close below the bottom line would give the Bears the advantage. The Bulls had a terrific chance to breakout but gave up, kind of makes a swing trader wonder.

FREE Trade Idea – WLH

WLH printed a Bullish Engulf yesterday breaking out of J-Hook continuation pattern. WJH is also finishing a bullish Cup and Handle pattern. This will be an easy chart to trade with a plan and the correct tools. We will talk more about the trading tools with our members.

Charts To Study For Education– KRO

KRO has trended 41% from the time we shared this trade with our members. There have been several chances to trade KRO along the way. Currently, on the 2-day chart, the Bullish Morning Star suggest the buyers still outnumber the sellers.

Members Swing Trade Ideas

10-15 Swing Trade Ideas are shared with members each day

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 30 days for example.

From that watchlist, 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

Campbell or this website is not financial or trading advice. All information is intended for Educational Purposes Only.