Long-Term Bullish Ascending Triangle

Long-Term Bullish Ascending Triangle

FSLR has been creating a long-term Bullish Ascending Triangle and the last few days has been showing signs bullishness. I shared my thoughts on FSLR at last nights Member eLearning pointing out how tight price was getting inside the Ascending Triangle. A breakout would suggest another bull run. Keep your eye on the $100.00 mark…Trade for success or learn to.

AMD took me to the bank yesterday +41%

STOCHASTICS-RSI For a Sharper EDGE

PANW: Entry on 3/29 @ $182.43 • Exit on 3/13 @ $192.78

ADBE: Entry on 3/6 @ $213.57 • Exit on 3/13 @ $223.68

BA: Entry on 1/5 @ $298.61 • Exit on 1/18 @ $346.73

Stochastics -RSI has been widely used by many but none with the accuracy and consistency of my good friend and colleague Steve Risner. Steve will be sharing how he uses Stochastic/RSI and a grouping of 3 moving averages to trade for a living. Steve will proudly show you one of his accounts that he increased from $51,642 to $55,807 in one month. Would learning more about STOCHASTICS/RSI be good for you?

Live Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

ADM 41% • IWM 13% • SHLD 57% • FOSL 11% • IWM 49%CVEO 29% GE 11% • ANF 56%CREE 51% FLO 3% • VXX 6% • CAT 39%   • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% QQQ 28% QQQ 179% • TWTR 180% VXX 375% VIPS 118% WTW 21.9% •

Event Calendar

SPY • Earning Season is Here

Another day higher and another trip to the bank! The SPY gapped and held it’s move yesterday as it climbs closer to where a group of sellers is hanging out. The $273.36 area may cause the SPY to retreat and re-group before it can continue the current run. The $265.11 area should act as support. The past 5-6 trading days has been good to us so let’s not push so hard we give our profits back.

****Earnings Season is Heating Up*****

The VXX is right on the edge of our bounce zone now that it has tagged the 200-SMA, the bounce zone is between the 200-SMA and the Dotted Duece.

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Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

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Investing and Trading involve significant financial risk and is 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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