Rick’s Featured Trade Ideas
NHTC/Long (Consumer Defense) NHTC Is something I call a trend reboot. That’s when the big three have been running bullishly then price breaks down and brings the big three with it. Price then turns bullish putting the big three back in a bullish trend. In the past 10 trading days, a bullish flag has been formed and price will likely take on the June highs very soon.
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.
NHTC/ Profits through education Oct. 26
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Stop below $
Risk Reward 5:1 depending on entry/exit/stop
Recent Members Trade Ideas
Member’s trade idea October 12, (SA) currently up 30%
Member’s trade idea July 27, (GPN) currently up 28%
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SPY: The T-Line continues to act as support while price continues to post higher highs. Friday, the SPY gapped and closed over the 200-simple moving average. At the moment, the Bulls are taking on the sellers’ resistant area as if it wasn’t even there. The 200-day simple moving average has proved time and again that it is an area of consolidation and chop, and I would think nothing less at this time.
IWM: Even though IWM did not participate in the bullish rally last week, the chart pattern is winding up and forming as if it wants to be bullish.
SMH: SMH in my opinion is getting a little stretched out, bullish, but still stretched out, caution.
IYT: The transports continue its bullishness above the T-Line with a J-Hook breakout.
S&P VIX Short-Term Futures
VXX: Controlled by the sellers. Hello the T-Line.
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!
Symbols from TC2000
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 | Long/Short | Try our Membership, Check out the Trading Room | |
10.23.15 | Bullish | Continuation pattern | ||
10.22.15 | Bullish | Still a buy | ||
10.22.15 | Bullish | Continuation pattern | ||
10.20.15 | Bullish | Continuation pattern | ||
10.20.15 | Bullish | Regaining | ||
10.12.15 | Bullish | Wait for PBO | ||
10.5.15 | Bullish | Continuation pattern | ||
10.5.15 | Bullish | Bullish breakout continuation | ||
10.6.15 | Bullish | Continuation pattern | ||
10.3.15 | Bullish | Trying to breakout | ||
9.16.15 | Bullish | Close for now | ||
8.28.15 | Bullish | T-Line working | ||
No trade | ||||
Bullish | Don’t chase | |||
Bullish | Looking for 110.00 them maybe 120.00 | |||
Bears control |
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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