Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
LABD Long | Bullish Engulf | RBB Pattern
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.
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HRC member trade ideas
S Long, up another 3.84 for a total 60.50%
FRAN Long, Stair stepping, up now 33.71%
SSRI Short, trending down, 18.57% for subscribing members
LGND Short, Blue Ice Failure and 20% for subscribing members
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Save $203.00 with an RWO Annual Membership
T-Line™ below the 34-ema (SPY) — The SPY closed down Friday $1.57 from its Friday high failing to close above $214.50. Friday was the fourth-day price closed below the T-Line™ and today is likely to do the same. In all important time frames, the SPY is weak and the bears have the upper hand.
$214.50 is still the number to beat; downside numbers are $210.26-ish and $2017.70-ish.
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Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
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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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