Swing Trade Ideas May 19, 2015

Today’s Swing Trade Ideas

BLOX/Long (Communication equipment)  After about a 2 1/2 month consolidation. BLOX went from below the big 32 above the big three for Doji days followed by a strong Bullish Engulf yesterday.  Currently in a seven day T-Line run with positive bullish momentum

More on how to trade BLOX in the trading room today at 9:10 am ED
Possible entry plan idea:  The buy box is from $24.30 to $25.53
Possible stop plan idea:  A close below the T-Line or $24.30
Trading room membership has its privileges:   HNR up 30.91%, OPK up 18.82%, NES up 22.93%, REN up21.83%,  ATEN up 14.26, MNKD up10.28%
Ready to start learning and earning?  CLICK HERE

Click here Free educational video on the REN trade. Only 1:56 long.

Good Morning, 

SPY:  Yesterday was a very successful bullish breakout of the trading range that seemed to last forever.  If all goes well, the bulls will reach for about $217.30, one of our targets.  Keep following the T-Line trend and always ask yourself:   What is price doing in relationship to the T-Line? Did price close above the T-Line?  Did price close below the T-Line?  What was the candle shape?  How far did price close above the T-Line?  These questions will help you to determine the health of the current T-Line trend and turning points.

IWM:  Let’s not think that all fences have been put behind us; closing over the 50- day SMA was bullish and a good fence to knock down, but there are several other fences the Bulls need to break through.

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!
*See Members Area for more featured stock picks

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 BOPT above T-line
5.5.15 Long BOPT above T-line
5.4.15 Long Pulling back to 50sma
4.30.15 Long BOPT above T-line
4.28.15 Long Close/ on watchlist
4.27.15 Long BOPT above T-line
4.23.15 Long Watch for PBO, close on weakness
4.22.15 Long  Raise stop
4.14.15 Long Watch for pbo
4.13.15 Long BOPT above T-line
4.10.15 Long BOPT above T-line
4.1.15 Long Watch for the PBO
3.30.15 Long T-Line run
3.24.15 Long BOPT
3.6.15 Long Raise stop
2.13.15 Long Close on weakness
1.22.15 Long BOPT above T-line
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 below the  T-Line ™ implies the above short-term bearish 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 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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