Swing Trade Ideas April 29, 2015

Today’s Swing Trade Ideas

VNET/Long (Technology sector) Has completed a rounded bottom breakout with the close over the 200-simple moving average.  Currently painting a bullish J-Hook continuation pattern with plenty of bullish canvas.

More on how to trade VNET in the trading room
Possible entry plan idea:  The buy box is from $20.30 to $20.86 or a breakout
Possible stop plan idea:  A close below $20.83 or the T-Line
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Wednesday, April 29,  Meet-up at 11:00 AM EDT
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Good Morning, 
SPY:  The SPY gained a little of its loss back yesterday by printing a hammer that bounced off the 20-simple moving average and a trend line.  A requirement for a hammer is follow-through, keeping in mind that follow-through does not have to happen the very next day.  Before the Bulls can take on $212.48, they first need to win a mini battle at$211.97.  The good or bad report from our friend Janet will be announced today at 2 PM,       which like always, tends to push the market one way or the other.  Bring your chips and dip and your drink of choice.  The party starts at 2 PM.
IWM:  It wasn’t too awfully long ago that IWM was definitely the leader in this lazy sideways market, but after the last two days, we can’t say that.  IWM has taken a slight turn to the dark side and the fate of IWM just might be in the hands of our good friend Janet and her sidekicks.  Although IWM did post a hammer yesterday, follow-through from that hammer would show that the Bulls are doing their job.  At a minimum, IWM needs to close over $125.15 then proudly take out $126.25 to reach its big battle of $127.13.  See you all in the chat room.

Trading room password change
Tomorrow night Thursday, April 30, the trading room password will change as it does every month about this time.

Trading room password retrieval instructions
From the homepage, click on “Member Login.”
Enter your email address and your personal member credentials, click enter.  You should now see our “Welcome to Our Members Area” that will have the new trading room password on it.
This Week’s Economic Calendar—> Click Here
Members Trade Ideas –  Members Only
In the members area you will find 10-15 trade ideas every day

Each day 10 -15 stocks are posted in the members area that I believe are poised to move 10-20% (maybe more) within the next few days based on the charts. As you know some work and some don’t…Welcome to trading. Please follow your trading rules for entry stops and profits. Remember to check for earnings!

Symbols from TC2000
*Members Only
Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.

Symbols formembers only % Date  Long/Short Try our Membership, Check out the Trading Room
4.29.15 Long BOPT
4.27.15 Long BOPT
4.23.15 Long BOPT/ Earnings amc
4.22.15 Long BOPT
4.14.15 Long Be a profit trader/protect
4.13.15 Long BOPT/ Check earnings date
4.10.15 Long BOPT
4.1.15 Long Close on weakness
3.30.15 Long BOPT/close on weakness
3.26.15 Short Short on weakness
3.25.15 Long Be a profit trader/protect
3.24.15 Long BOPT
3.19.15 Long Close on weakness
3.6.15 Long BOPT
3.2.15 Long Watch for the PBO
2.25.15 Long Watch for the PBO
2.23.15 Long Watch for the PBO
2.17.15 Long Watch for the PBO
2.13.15 Long Watch for the PBO
2.3.15 Long Watch for the PBO
1.22.15 Long BOPT
1.7.15 Long BOPT
12.22.14 Long BOPT/close on weakness
A 7-8-14 Long BOPT over the T-Line

VXX S&P 500 VIX Short Term Futures:  A close below the T-Line ™ implies the bearish short-term swing traders are in control.

Energy Sector: XLE, SX90, ERX, USO  A above the T-Line ™  implies the bullish short-term swing traders are in control.

TBT: A close above the  T-Line ™ implies the above short-term bullish swing traders are in control.

US Dollar Index: UUP, DXYO A close below the  T-Line ™  implies the bearish short-term swing traders are in control.

The information in this email and Blog Post are notes to myself and should NOT be construed as financial or trading advice.

Investing and Trading involves significant financial risk. No communication should be construed as financial or trading advice. All information provided is for Educational Purposes Only.

Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.

http://hitandruncandlesticks.com Trading for Profit is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not tell or suggest which securities or currencies customers or subscriber should buy or sell. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here.

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