Rick’s Featured Trade Ideas

AAPL/Long (Technology consumer electronics)  Many of our members have profited on the AAPL short call about nine days ago.  Yesterday I went long on AAPL because of the bullish piercing candle.  $115.25 will be crucial for AAPL.

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.

AAPL/ Profits through education  Nov 17
Possible entry plan idea:   Buy box $Members Only
Possible stop plan idea:   Close below $
Risk Reward 5:1 depending on entry/exit/stop

Hit& Run Candlesticks teaches you success
Member’s trade idea November 4,  (BCEI) long working 13%%
Member’s trade idea October 29, (SLCA) long working 10%
Member’s trade idea November 12, (STKL) long working 11%

Hit & Run Candlesticks/Right Way Options Membership
Starts Here – Click Here

SPY:  The sellers have pulled the SPY back to the bullish “W” breakout area where the buyers were able to create support, closing yesterday with a bullish engulf.  Price closed below the T-Line yesterday and still well within a downtrend channel. The buyers need to break us out of the sellers channel and above the T-Line; this will put the buyers in control of their own trend.  I still see a great deal of resistance that the buyers need to work through.  If the buyers can put together a game to close over $207.30, then the sellers may run for the hills.  If not, the buyers may be running for the hills.

IWM:  A Doji Bullish Engulf coming from a support line, the $117.00 area is likely.
SMH:  The short-term rally may be underway with the bulls finding support near the bullish “W” breakout area.
IYT:  Not good for IYT to have slid back below the 50-day simple moving average, but yesterday IYT did close with a bullish hammer.  It’s up to the buyers to do their job.
S&P VIX Short-Term Futures VXX:  The 50- and the 200-simple moving averages proved to be too much resistance for VXX pushing it back down to the T-Line for a 10.06% pullback.

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!
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.

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.