Public Swing Trade Ideas 12-5-2016

Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan

WAC Long  Cup & Handle | Belt-hold | 3-Day Morning Star |
Double click the trade plan to enlarge.
This not a recommendation to buy. I am simply sharing a trade I am considering.

wac-12-5-16Good Morning, Profit Traders,

From a bull’s eye:  Italy voters say NO and the morning futures are higher, but will the bulls win by the end of the week or will the bears?
Follow the chart. (SPY short term) A close above $220.90 would put the bulls in a good position to test last week’s high while weakness below $219.15 would suggest the sellers have the upper hand.
The SPY and IWM charts still suggest the bull is in control with minor profit taking.

 

 

 

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Members Daily Trade Ideas. Be aware of sudden market changes!
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Symbols from TC2000

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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