Today’s Swing Trade Ideas
APPL/Long (Technology) After Apple’s bearish engulf a couple of weeks ago the follow-through led to a lower low below the big three, the buyers stepped in to create a higher high and then lost traction when the sellers brought price down. But the Bulls stopped it with a higher low, then yesterday the Bulls pushed and closed the candle over the 127.62 bullish line creating a bullish “W” pattern.
More on how to trade AAPL in the trading room today at 9:10 am EDT
Possible entry plan idea: The buy box is from $127.62 to $129.32
Possible stop plan idea: A close below the T-Line or $127.62
Trading room membership has its privileges: MX up 14.73%, OPK up 14.56%, NES up 10.40%, CRIS up 9.52%, BLUE up 9.57%
A 100 share stake in each one of these would bring you $1749.00 or an average of $349.00
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Good Morning,
SPY: This week the buyers have been able to push and close price to the very top of the trading range, based on the futures at 7 AM this morning it appears we will see a breakout of the trading range. With a successful close above the trading range we will start looking at a possible new legup and 217 looks to be a very reasonable target to start with.
IWM: The price action in IWM yesterday was pleasant and good for the Bulls. There still needs to be more bullishness in IWM to get it over the 50 SMA and above 124.40
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!
*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 formembers only | Date | Long/Short | Try our Membership, Check out the Trading Room | |
| 5.13.15 | Long | BOPT above T-line | ||
| 5.6.15 | Long | Profit taking pull back | ||
| 5.5.15 | Long | BOPT above T-line | ||
| 5.4.15 | Long | BOPT above T-line | ||
| 4.30.15 | Long | watch for pbo | ||
| 4.28.15 | Long | Close | ||
| 4.27.15 | Long | BOPT above T-line | ||
| 4.23.15 | Long | Watch for the PBO | ||
| 4.22.15 | Long | wedge breakout BOPT | ||
| 4.14.15 | Long | Watch for pbo | ||
| 4.13.15 | Long | BOPT | ||
| 4.10.15 | Long | careful | ||
| 4.1.15 | Long | careful | ||
| 3.30.15 | Long | T-Line run | ||
| 3.26.15 | Short | Cover | ||
| 3.24.15 | Long | BOPT | ||
| 3.19.15 | Long | close | ||
| 3.6.15 | Long | Manage your trade | ||
| 2.17.15 | Long | close | ||
| 2.13.15 | Long | Toppy manage your trade | ||
| 1.22.15 | Long | BOPT above T-line | ||
| 1.7.15 | Long | close | ||
| 12.22.14 | Long | BOPT above T-line | ||
| 7-8-14 | Long | BOPT above T-line |
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.
TBT: A close above the T-Line ™ implies the above short-term bullish swing traders are in control. At some point TBT in a bullish stance will put pressure on the bullish market.
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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