EYES/Long ( Medical devices ) EYES was originally featured on May 29, currently up 12.81% and is in the process of forming a J-Hook continuation pattern following the bull kicker on May 22. For entry stop and targets, check out the members area.
EYES Trading Plan (Entry, Stop, Target) Click Here
Possible entry plan idea:
Possible stop plan idea:
Possible target area:
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SGYP up 76.82% * AMCC up 24.84% * EYES up 12.81%
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Good Morning,
SPY: The SPY continues to struggle with the big three while at the same time fighting to create a new high rather than a lower high. Yesterday the SPY closed with the Doji right on the 50 SMA. The Doji represents indecision, rest or even confusion. The direction we close today could be an indication of the direction the SPY moves over the next couple of days.
IWM: IWM once again challenged our $126.50 resistance line and once again failed to close over the line. This does not mean that it can’t challenge the line again today and have success or even tomorrow. IWM continues to show bullish strength from the May lows.
SMH: SMH struggles to maintain its support that it is trying to build, and slippage below the $56 area could send SMH out of control. The bulls need to prop SMH up over 57.60.
IYT: The IYT train is trying to put the southbound brakes on, but whether or not IYT can find bullish support near $148.40 is yet to be seen. The overall chart is still quite bearish.
This Week’s Economic Calendar—> Click Here
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!
Members Trade Ideas
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.
| Members only | Date | Long/Short | Try our Membership, Check out the Trading Room | |
| 6.17.15 | Long | BOPT above T-line | ||
| 6.16.15 | Long | BOPT above T-line | ||
| 6.15.15 | Short | Short on weakness | ||
| 6.12.15 | Long | BOPT above T-line | ||
| 6.11.15 | Long | BOPT above T-line/ took profits | ||
| 6.10.15 | Long | BOPT above T-line | ||
| 6.9.15 | Long | BOPT above T-line | ||
| 6.8.15 | Short | Short on weakness | ||
| 6.3.15 | Long | BOPT above T-line | ||
| 6.2.15 | Long | BOPT above T-line | ||
| 6.1.15 | Long | BOPT above T-line | ||
| 5.30.15 | Long | BOPT above T-line | ||
| 5.29.15 | Long | Target hit!/take your profits | ||
| 5-28.15 | Long | Close | ||
| 5.21.15 | Long | BOPT above T-line/caution | ||
| 5.20.15 | Long | BOPT above T-line | ||
| 5.19.15 | Long | BOPT above T-line | ||
| 5.13.15 | Long | Wait | ||
| 5.6.15 | Long | BOPT above T-line | ||
| 4.28.15 | Long | Keep on watch list | ||
| 4.22.15 | Long | BOPT above T-line | ||
| 4.13.15 | Long | BOPT above T-line | ||
| 6.3.15 | Long | BOPT above T-line | ||
| 7-8-14 | Long | AAPL still weak |
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 close below the T-Line ™ implies the bearish short-term swing traders are in control.
SMH: A close below the T-Line ™ implies the bearish short-term swing traders are in control.
IYT: A close below the T-Line ™ implies the above short-term bearish 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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