Rick’s Featured Trade Ideas
EXEL/Long (Healthcare) EXEL has had a nice run from its early 2015 lows. After a bullish gap in July, EXEL has consolidated forming a four-month symmetrical triangle and is now showing signs that the Bulls want to break price out over its long-term downtrend line. Yesterday, closed with a Bullish Engulf after a one-day pull back to the 50-day simple moving average.
Education builds confidence for success!
We go over all Trade Ideas (entry, stop, targets) in the trading room starting at 9:10 AM EDT today.
EXEL/ Profits through education Nov 10
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Close below $
Risk Reward 15:1 depending on entry/exit/stop
Hit& Run Candlesticks teaches you success
Member’s trade idea October 5, (LOCK) currently up 61%
Member’s trade idea November 4, (MDR) currently up 8%
Member’s trade idea November 5, (ICPT) currently up 12%
Hit & Run Candlesticks/Right Way Options Membership
Starts Here – Click Here
SPY: 27 day T-Line run and a five-day profit taking — works for me!
The SPY has pulled back for the last five days with yesterday showing signs of bulls stepping back in, opening and closing with a bullish Harami supported by the 20- day simple moving average and the 200-day simple moving average while still above the 23.6% fib retracement. A close back over the T-Line today would suggest that the trend may want to revisit its recent high of $211.50.
IWM: Price has closed back above the T-Line and our support line. The IWM chart continues to construct well.
SMH: As of yesterday, SMH is still under profit-taking pressure while still in a bullish trend from the September lows.
IYT: IYT his consolidated from early October while holding above its downtrend line.
S&P VIX Short-Term Futures VXX: Back below the T-Line, sellers in control
This Week’s Economic Calendar—> Click Here
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!
Keep your eye on the inverse ETF’s They trade well!
To see all of today’s trade ideas Click Here
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.
| Members only | Date | Bias | Try our Membership, Check out the Trading Room | |
| 11.10.15 | Bullish | BOPT | ||
| 11.10.15 | Bullish | Protect profits | ||
| 10.6.15 | Bullish | Watch for PBO | ||
| 11.3.15 | Bullish | Flagging | ||
| 11.2.15 | Bullish | Setting up | ||
| 10.29.15 | Bullish | T-Line working | ||
| 10.8.15 | Bullish | Flagging | ||
| 10.23.15 | Bullish | Wait for PBO sign | ||
| 10.22.15 | Bullish | Flagging | ||
| 10.5.15 | Bullish | Wait for buy signal | ||
| 10.6.15 | Bullish | Wait for PBO | ||
| 8.28.15 | Bullish | BOPT | ||
| Bearish | Back below the T-Line | |||
| weak | Don’t chase the short | |||
| Bullish | Nice Bullish Engulf | |||
| Bearish |
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.