Rick’s Featured Trade Ideas
TOO/Long (Ports) TOO | RBB Rounded Bottom Breakout | Bullish “W” Pattern | PBO flag breakout | Gap fill 86% profit potential
Hit & Run Members and Trading room:
HK +34% yesterday
ICON +47% from Feb 4
CLF +75$ from Feb 26
And there’s more
The place serious traders hang out.
TOO | Plan your trade & trade your plan | March 8, 2016
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Stop below $Members Only
Risk Reward 8:1 depending on entry/exit/stop
SPY Attitude: (T-Line™ > 34-ema Bullish Trend)
From yesterday’s e-mail, the 14-day bullish T-Line™ run pushed tight into resistance, and the bulls may need to rest and recover before this journey can resume. You can see from your SPY chart that we failed to make a new high at resistance, and the morning futures are a bit under pressure, but really after a 15-day T-Line™ Run the SPY is ready for a rest. In the trade room yesterday, I pointed out a likely test of $197.90 for a pull back to this recent bear market relief rally. I also spoke of $194.10 if the $197.90 does not support.
IWM: Bullish T-Line™ run getting overextended.
SMH: Held into resistance, needs a rest
IYT: Rolling into resistance
S&P VIX Short-Term Futures VXX: Trying to get a game together on the 200-sma
USO Unites States Oil Fund: Nice RBB | T-Line™ Run | Watch for a PBO
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!
Featured Trade Ideas – 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
| Click Here | for members login | Trade Ideas & | House trade list |
| T-Line™ < 34-ema | BOPT | |
| T-Line™ < 34-ema | Lost and sideways | |
| T-Line™ > 34-ema | Still below trend line/short | |
| T-Line™ < 34-ema Bullish | Could see 200sma bounce | no trade yet | |
| T-Line™ < 34-ema Bearish | Trending but stretched out | |
| T-Line™ < 34-ema Bearish | Bullish relief trade | |
| T-Line™ > 34-ema Bullish | Short on weakness | |
| T-Line™ < 34-ema Bearish | Short on weakness | |
| T-Line™ < 34-ema Bearish | Ready for a pullback | |
| T-Line™ < 34-ema Bearish | Protect your profits | getting stretched | |
| T-Line™ < 34-ema Bearish | Pullback likely | |
| T-Line™ > 34-ema Bullish | Bullish breakout | |
| T-Line™ < 34-ema Bearish | Chart looking short |
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.
Comments are closed.