Rick’s Featured Trade Ideas

P/Long (Broadcasting)  In the P chart, a bullish flag consolidation is in the process, walking the T-Line but not before a bullish gap in late July that put Pandora back over the big three.  After a bullish T-Line run in late July, early August, Pandora consolidated for a retest and has had a bullish T-Line run for the month of September.  I feel higher highs are yet to come.

The Facebook short sure worked out for those that were able to take the trade.

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.

P/ Profits through education  Sept. 30
Possible entry plan idea:   Buy box $Members Only
Possible stop plan idea:   Stop below
1st Risk Reward 7:1 depending on entry/exit/Stop

This is the place you ought to be!
*HRTX/short member’s trade idea on Sept. 28, up 30 %
AERI member’s trade idea on Sept 11, up 71%
*SUPN/short member’s trade idea on Sept. 10, up 27 %
AMBA/short member’s trade idea on Sept. 2, up 44 %
To see more Click Here

For only $2.74 a day, learn and earn at the same time!

SPY:  At the close yesterday, the spy left us with a Doji on support.  This morning it looks as if the bears may take a rest and allow the bull to graze a bit.  The overall trend continues to be controlled by the sellers; although we may see a short-term relief rally over the next couple of days. (Janet Yellin today at 2 PM).  Remember, there has yet to be a reversal signal or pattern printed.

IWM:  The bearish “h” pattern is still intact, and any kind of bullish move is merely a relief rally for the time being.
SMH:  I would be interested in SMH over the 50-day simple moving average
IYT:  Until the transports successfully close over the 50-day simple moving average, they are just blowing their horn.
VXX:  Watch for profit taking back to about the 34 exponential.

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.