Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
LPSN | Bullish trend break | Doji continuation pattern
SPY: T-Line™ T-Line is in a Bullish position with the 34-ema
Last week the Bulls put together a beautiful bullish J-Hook Doji continuation pattern that closed Friday at $212.65 about a $1.15 from the all-time high. The T-Line™ is now back above the 34 EMA for those that follow the T-Line™/34 EMA trend.
Last week the Bulls put together a beautiful bullish J-Hook Doji continuation pattern that closed Friday at $212.65, about a $1.15 from the all-time high. The T-Line™ is now back above the 34 EMA for those that follow the T-Line™/34 EMA trend.
A successful Bull close over $213.80 would give us a bullish direction toward $214.90 followed by $217.65, with the typical chart dance up-PBO, up-PBO. Judging by the emails I received from members, huge profits were made last week and the majority feel this week will be the same. Success comes from planning, following your swing trade rules and selling into strength.
This week’s events – For more information Click Here
-Trader Vision 20/20 Workshop Monday July 11, 4pm EST
-HRC Public webinar Tuesday July 12, 8pm EST
-RWO Members Webinar Saturday July 16, 11am EST
All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
IWM: T-Line™ Daily chart |Bulls in charge
SMH: T-Line™ Daily chart |Bulls in charge
IYT: T-Line™ Daily chart |Remains on the dark side
XME: T-Line™ Daily chart | Bulls in charge
USO: T-Line™ Daily chart |Remains on the dark side
UUP: T-Line™ Daily chart |Bulls in charge
VIX: T-Line™ Daily chart |Remains on the dark side
VT: T-Line™ Daily chart |Remains on the dark side
Each day a trade idea list is 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!
Members Only
Keep your eye on the inverse ETF’s They trade well!
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.
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.
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