Public Swing Trade Ideas 10-14-2016 Post time: 8:11am EDT

Rick’s Featured Trade Ideas

Today’s featured trade idea and my personal trade plan
PSG | Morning Star | Doji Continuation setup
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.

psg-10-14-2016Good Morning, Profit Traders,

CZZ Long, a classic J-Hook Breakout up 15.48% for our subscribers with a 2.73% move yesterday.
WAC Long, RBB pattern up 2.17% yesterday a total of 24.34% for HRC subscribers
NEM Short, 12.82% total for HRC subscribers

T-Line™ below the 34-ema (SPY) — The SPY found a little support .61 cents from one our deuce lines and closed above $212.39 (Septembers low).  Until a close and support is established above $214.50, we will look at yesterday’s and today’s positive move as a relief rally.  $215.50 is not a sign of total bullishness; it is merely the number that puts the SPY back in its sideways, go nowhere pattern.

Price and the T-Line™ are below the 34-ema, and the sellers have trend control.  The weekly candlestick pattern in the SPY is still suggesting sellers have control and that $212.40 is very important.

Ready to be on the winning team? Click Here

Rick & Hit and Run Candlestick Team

Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members

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!

Private Coaching – Click Here
Membership Options – Click Here
Educational products – Click Here

Comments are closed.