Rick’s Featured Trade Ideas

KPTI/Long (Apparel Stores) Minor target 18% | RBB| Cup & Handle |  Bullish W Pattern |

Hit & Run Members and Trading room: 
ONTY 18%
CGI 5%
GNW 11%
The place serious traders hang out.

KPTI| Plan your trade & trade your plan | March 22, 2016
Possible entry plan idea:   Buy box $Members Only
Possible stop plan idea:   Close below $Members Only
Risk Reward 6:1 depending on entry/exit/stop

SPY Attitude:  Price > T-Line™
7:00 am:  Our four-day trading week started slow with the overall market staying in a tight trading range. My 30 minute chart on the SPY is flashing signals that it may be tiring, in need of a rest. TSV Time Segment Volume in all my charts, 30-minute through daily, is also suggesting this 25-bar run istiring and needs a rest. If a pullback is started, the first target I would consider is $203.15  – $201.85.  Keep an eye on price and the T-Line™.  The chart is a gold mine of information.

WM:   30-min chart | Shooting Star working
SMH:   30-min chart | Evening Star working
IYT:  30-min chart| Doji with a long wick
S&P VIX Short-Term Futures VXX:  30-min chart | bounce
USO Unites States Oil Fund:  30-min chart | Bearish Engulf working

Each day 10 -15 stocks are posted in the members area that I believe are poised to move 10-20% (or more) within the next few days.  Please follow your trading rules for entry stops and profits. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
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.
To see all of today’s trade ideas Click Here

2-sma > T-Line™ = Minor trend up
T-Line™ > 34-ema = Intermediate trend up
2-sma < T-Line™  = Minor trend down
T-Line™ < 34-ema = Intermediate trend down

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

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

SMH: A close above the  T-Line ™ implies the above short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control. 

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

US Dollar Index: UUP, DXYO A close above the  T-Line ™  implies the bullish short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.  Learn more about the T-Line – Click Here

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.