Rick’s Featured Trade Ideas

Today’s featured trade idea and my personal trade plan
MB Long | Bullish “W” pattern breakout
Double click the trade plan to enlarge

Good Morning, Profit Traders,

T-Line™ below the 34-ema (SPY) —  Another up day for the SPY yesterday but still going nowhere.  Price remains under the 50-sma, and $217.40 is the next price resistance for the bulls to work through and the bears to defend.  I am still not very bullish on the SPY or the DIA’s; IWM and QQQ’s look a little better.  I am bullish on a lot of charts.  There are some very nice charts out there ready to produce double-digit gains. (That’s what makes trading fun).
We continue to see profits emerge from the HRC and RWO members, and the trade ideas coming from the trading rooms are fantastic!

Trading education builds confidence – Together they build profits!

Rick & Hit and Run Candlestick Team

Members Daily Trade Ideas. Be aware of sudden market changes!
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TOO
APA
MB
CZZ
GORO
QUOT
RDUS
CMRX
SEM
MRTX
CLDX

These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains.  You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!

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