MDXG Confirmed RBB Pattern

MDXG has confirmed an (RBB) Rounded Bottom Breakout pattern that potentially has 40% to our (RBB) target zone. MDXG over several months has created a bottom and yesterday aggressively challenged the breakout area. The weekly chart has formed a run PBO Morning Star type pattern. Bullish over $8.10, We plan to add MDXG to our watch list and wait for the correct setup. There is no guarantee we will trade this particular stock.

We will cover more details about stops and entries in the HRC trading room. Live Members Morning Prep with Steve Risner at 8:45 AM Est. And Rick Saddler at 9:10 am this morning.

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Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. -Thomas Bradly

SPY Bearish Engulf

The May 14 candle has proved to be a bit more than the buyers can handle. The buyers gave into the seller, and the sellers posted a Bearish Engulf that almost guarantees a lower low the next day. Based on the morning futures the lower low is going to happen. The $270 line in is jeopardy of a test; the buyer might not fight too hard at the $270.00 line and save their energy for the 50-SMA. Yesterday in the trading room I shared the idea that because of the Bearish Engulf the close today (5-23) will be important because today is about follow through or not. Sure, glad we closed a few positions yesterday and kept our QQQ short we started last week.

VXX – Put together a Doji Bullish Engulf on a support line, today we should see a challenge of the T-Line. $37.50 would be the Dotted Deuce.

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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

To learn more about our trading tools join us in the trading room or consider Private Coaching.

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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

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is to be considered 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.

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