Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
EVH short |3-day Evening Star| Blue Ice Failure
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.
T-Line™ below the 34-ema (SPY) — Thursday, Friday, and Monday printed a Low, a High, and a Higher Low. The futures this morning is suggesting the bulls may try and reach for the $214.50 area. Remember our charting rules; this would be nothing more than a relief rally until the bearish trend line is broken.
Take the hard right edge price out of the picture and you have a clear trend using the T-Line™ and the 34-ema. The 2-ema and the 3-ema are also still trending below the T-Line™.
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WAC reached higher, up another 9.38% for a total 38.89%
CZZ closed higher, up another 1.31% for a total 18.41%
Did you know we have closed 6 double digit winners in the last 30-days and currently in a double-digit winner? That’s 84 DOUBLE DIGIT WINNERS a year!
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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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