Price Runs The T-Line, Flagged and Took Off
(SPY) WOW, what a great day in the market yesterday! Price runs the T-Line, flagged and took off.
A perfect T-Line runs, with a flag PBO then a T-Line bounce. The next step for the SPY is yo reach out for the $245.00 level. Watch for opportunities and always be prepared for the unexpected.
FREE TRADE IDEA – VSTO
Vista Outdoor Inc. has been basing for more that three months now. Price has run and held above resistance and showing signs of more of a run. The Rounded Bottom Breakout is powerful strategy when traded with a plan and common sense.
With on-demand recorded webinars, eBooks, and videos, member and non-member eLearning, plus the Live Trading Rooms, there is no end your education. Start small and learn
Conditions for the VSTO trade
- Rounded Bottom Breakout
- Bullish “W” (3-day chart)
- Morning Star (3-day chart)
- Above resistance
- Bullish Engulf
- PBO
- Over 30-40% possible
Why Trade With Hit and Run Candlesticks
SPWH is up 34.26% from our members only post on May 12, 2017; Education builds confidence.
200 shares of SPWH was worth $1280.00 yesterday –
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 15 days for example. From that watch-list, 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.
Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advise to anyone except for the trading desk of Hit and Run Candlesticks Inc.
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