Swing Trade Ideas March 5, 2015

Today's Swing Trade Ideas

MILL/Long (Oil & Gas)  After a 100% run, MILL has pulled back to the 34 EMA.  The last seven candlesticks are showing how the buyers are stopping the pullback.  Notice the Bullish Engulf six days ago and how the following trading has been contained above the Bullish Engulf's low.  Yesterday’s doji set up the pattern for a Doji Sandwich.

Possible entry plan idea:  Above $1.68
Possible stop plan idea:  A close below $1.68

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More on how to trade MILL in the Live Trading Room  9:10 AM Eastern Trading Room.

Recent RBB setups that would have made your day!
(ICPT 41%)  (AVEO 25% and 32%) (SN 42%)  (ISR 17%) (SWCH 24%) (MOBI 22% and looking for more) (AMRN 22%)  (MDR 27%), (GTLS 25%), (MILL 50%), (VIP 32%)
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Good Morning, 

SPY:  After gapping down yesterday, the SPY found support at the 20-day simple moving average as well as the 23.6 retracement Fibonacci line and within pennies of the December 29 high.  I would say that the support here is rather good.  With the support area being at $209.00, all the Bulls need to do is put together a couple of building blocks and then rise taking out the recent highs.  Choppy trading over the next few days, $211.05 is the number for the Bulls to win over.

IWM:  Fibonacci retracement pullback after gapping yesterday, also finding support at the 20-day simple moving average and December 31 high.  $122.81 is the number for the buyers to climb over and hold.

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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.
Symbols from TC2000

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
3.2.15 Long Wait for PBO signal
2.26.15 Long Wait for PBO signal
2.25.15 Long BOPT
2.24.25 Long BOPT
2.23.15 Long BOPT
2.23.15 Long Buy over 20sma
2.19.15 Long Doji buy on positive trading
2.17.15 Long Wait for PBO signal
2.13.15 Long BOPT over T-Line
2.12.15 Long Close
2.9.15 Long BOPT
2.4.15 Long BOPT
2.3.15 Long BOPT
1.22.15 Long BOPT
1.7.15 Long BOPT over 20sma
2.3.15 Long BOPT
12.22.14 Long Wait for PBO signal
10-30-14 Long Buy on buy signal
7-8-14 Long Short term seller are winning

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

TBT: A close above the  T-Line ™ implies the bullish 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 above the  T-Line ™  implies the bullish 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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