Swing Trade Ideas March 20, 2015

Today's Swing Trade Ideas

SNSS/Long (Healthcare Biotechnology)  SNSS has formed a RBB pattern with a PBO hammer the day before yesterday, followed by a strong buyers’ present yesterday.  SNSS is also forming a cup with about 10% left to the cup top.  From there, we could see a nice rally followed by a pullback to start forming the handle.

**To learn more about SNSS, join me in the live trading room today at 9:10 AM EST.

Possible entry plan idea:  The buy box is from $2.36 to $2.70
Possible stop plan idea:  A close below $2.36

Good Morning, 

SPY:  With yesterday's inside day close and the recent higher highs and higher lows continuing to close over the T-Line, we wouldhave to give this week to the Bulls.  $208.70 is still an important number for the Bulls to control, and if the sellers were to take control of $208.70, then there would be a chance of a retest to the 50-simple moving average.

IWM:  Hands down, the IWM is the big winner this week.  The Bulls have shown consistent strength and a determination to push higher.  Currently the buyers maintain control, and the sellers don't seem interested in bringing IWM down.  Of course, one thing we know about trading is that a reversal can happen at a blink of an eye.  IWM consistently led the way for the last five days as if it knew there was not going to be a rate hike and the dove was going to be let out of its cage.  IWM has also formed a bullish continuation pattern which is a type of Doji sandwich suggesting that IWM is worth more.  Perhaps $127.10 would be the first number for the dove to fly.

What is Triple Witching?...Read More

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 for

members only

%

Date

 Long/Short

Try our Membership, Check out the Trading Room

3.19.15

Long

BOPT

3.18.15

Long

BOPT

3.17.15

Long

BOPT

3.13.15

Long

BOPT

3.12.15

Long

BOPT

3.11.15

Long

BOPT over T-Line

3.9.15

Long

Move stop up

3.6.15

Long

BOPT

3.2.15

Long

BOPT over T-Line

2.25.15

Long

BOPT above T-Line

2.24.25

Long

BOPT over T-Line

2.23.15

Long

BOPT over T-Line

2.17.15

Long

BOPT

2.13.15

Long

BOPT

2.12.15

Long

BOPT over T-Line

2.4.15

Long

BOPT over T-Line

2.3.15

Long

BOPT

1.22.15

Long

BOPT above T-Line

1.7.15

Long

Waiting for buy signal

12.22.14

Long

BOPT over T-Line

7-8-14

Long

BOPT


Energy Sector: XLE, SX90, ERX, USO 
A above the T-Line ™  implies the bullish short-term swing traders are in control.VXX S&P 500 VIX Short Term Futures:  A close below the T-Line ™ implies the bearish short-term swing traders are in control.

TBT: A close below the  T-Line ™ implies the bearish short-term swing traders are in control. This should change today, watch for a close over the T-Line.

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.

Comments are closed.

Skip to toolbar