Riding the T-Line
VECO has broken north of the downtrend line riding the T-Line, rested and yesterdays closed testing the recent high. VECO’s recent bullishness suggest higher highs are yet to come with a confirmed J-Hook Pattern. A profit zone may be around the $22.25 area.
We will discuss the trade details with Trader Vision 20/20 in our Members Morning Prep starting at 9:10 EST this morning.
Hope to see everyone at the members morning briefing 9:10 EST today.
►Event Calendar Stay Informed
►SPY Up Date
The Bullish follow-through yesterday was top shelf pinning our trend line with perfection. Yesterday the SPY closed strong over the 50% line December January run; it looks ready to challenge the 38.3 Fib line within a day or two. Mild consolidation is expected, always what for sell signals and patterns that threaten the trend.
►Learn Our Tools and Trading Techniques
On February 15, Rick shared MOYK as a trade for members to consider and how to use the trading tools listed below. Currently, the profits could have been about 14% or $725.00 with 100 shares. Using our Simple, Proven Swing Trade Tools and techniques to achieve swing trade profits.
Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning
►The VXX short-term futures
The VXX is likely to see the 34-EMA with the sellers in control.
►Rick’s Swing Trade Ideas Reserved for Subscribing Members
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To learn more about our trading tools join us in the trading room or consider Private Coaching. Rick will help coach you to trading success.
Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.
Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.
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