Rick’s Featured Trade Ideas

Today’s featured trade idea and my personal trade plan
MB Long | Bullish “W” pattern breakout
Double click the trade plan to enlarge

Good Morning, Profit Traders,

T-Line™ below the 34-ema (SPY) —  Another up day for the SPY yesterday but still going nowhere.  Price remains under the 50-sma, and $217.40 is the next price resistance for the bulls to work through and the bears to defend.  I am still not very bullish on the SPY or the DIA’s; IWM and QQQ’s look a little better.  I am bullish on a lot of charts.  There are some very nice charts out there ready to produce double-digit gains. (That’s what makes trading fun).
We continue to see profits emerge from the HRC and RWO members, and the trade ideas coming from the trading rooms are fantastic!

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Rick & Hit and Run Candlestick Team

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CWEI was a member trade ideas on June 22, 2016 the stock is now up 211%. Not all of our trade are 200% trades but we do get a lot of double digit winners. Tell me why you are not a subscriber to our membership and I will do what I can to fix that!

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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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