Member’s Swing Trade Ideas 10-6-2016 Posted Time: 8:09am EDT

Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
GLTS Long | Trending  | Rectangle  |  Breakout
Double click the trade plan to enlarge. This not a recommendation to buy. I am simply sharing a trade I am considering.

glts-10-6-16Good Morning, Profit Traders,
T-Line™ below the 34-ema (SPY) —  Not much has changed in the overall market, the SPY and the DIA’s remain under bear pressure while IWM and the QQQ’s are trading above their 34-ema and the T-Line™ is above their 34-ema. The financial sector was up yesterday but the SPY was not, interesting because the SPY hold a fair amount of financials. Energy gapped and help the 20-sma, while real estate has been taking a swan dive off a cliff.
As of the close yesterday and the open today I see no bullish evidence in the SPY.

Yesterday HRC members enjoyed more profits in members’ trade Ideas!
CPRX (Long) moved another 30.36% for a total of +41.75%
CRMD (Long) moved another 15.66% for a total of +88.95%
CARA (long) popped another 11.91% for a total of 66.90%
BRS (long) climbed another 10.79% for a total of 17.24%

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Rick & Hit and Run Candlestick Team

Members Daily Trade Ideas. Be aware of sudden market changes!
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SALT
VOYA
SHOR
INFN
PTEN
GLBL
GTLS
NCLH
——Short
PAYC
PFPT
ULTA
CSAL
WWW
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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