Rick’s Featured Trade Ideas

ADPT/Short (Healthcare)  As you can see in the ADPT chart, the September high failed the August high with two shooting stars followed by a gap down and confirmation.  Friday’s candle is a visual picture of the sellers taking control on large volume.

Education builds confidence for success!
I will be covering more on the Featured Trade Idea (entry, stop, targets) in the trading room at 9:10 AM EDT today.

ADPT Profits through education  Sept. 28
Possible entry plan idea:   Short box $Members Only
Possible stop plan idea:   above $
Risk Reward ?:1 depending on entry/exit/Stop

Friday’s Trade Idea FB  should be closed if it does not close above 92.65
I flipped FB from a long to a short Friday.

This is the place you ought to be!
AERI member’s trade idea on Sept 11, up 71%
AMBA/short member’s trade idea on Sept. 2, up 44 %
RTRX/short member’s trade idea on Sept. 2, up 18 %

For more Click Here

For only $2.74 a day, learn and earn at the same time!
To see more Click Here

SPY:  The simple fact is the sellers continue push price down and have been able to keep it below the T-Line and the T-Line below the 34 EMA and the 34 EMA below the 50-day simple moving average. (Don’t fight the trend)!  Both the daily and weekly spy charts are shaping up as the bearish dreaded “h” pattern, with a 187.50 target.

IWM:  IWM looks as if it’s determined to retest the August lows.
SMH:  The semiconductors continue to see weakness as sellers drive it down.
IYT:   Nothing bullish to report on the transports; they’re still running on watered-down gas.
VXX:  Poised to retest the recent highs.
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!
Members Trade Ideas below

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.

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.