The SPY Has Been Under A Little Pressure

(SPY) The SPY has been under a little pressure the last few trading days after making an all-time high. The Bulls still have the upper hand as long as they can maintain control of the  $241.63 support area. The Bearish Engulf on the 3-day chart is still a problem the Bulls need to confront.

Free Trade Idea – IMGN

IMGN (Immunogen Inc) Was first a members trade idea on Januar 4, 2017 and as of yesterday’s close is up 189.42%. On a 3-day chart, IMGN is headed for the 200-sma, and I believe more.

With on-demand recorded webinars, eBooks, and videos, member and non-member eLearning, plus the Live Trading Rooms, there is no end your trading education here at the Hit and Run Candlestick, Right Way Option, Strategic Swing Trade Service and Trader Vision.

Conditions For The IMGN Trade

• RBB setup 3-day chart
• Flag PBO
• Bullish J-Hook set up
• T-Line Bounce
• Swing or swings: 30% Plus

Why Trade With Hit and Run Candlesticks

DVAX is up 107.78% from our members only post on March 1, 2017; DVAX popped another 5.65% yesterday with a beautiful T-Line Run.

Hit and Run Candlesticks Movers Yesterday

• IMGN +11.07%
• NVCR 9.72%
• RHT 9.58%

What is a Trade Idea Watchlist?

A trade idea watchlist is a list of stocks that we feel will move in our desired direction over a swing trader's time frame.  That time could be one to 15 days for example. From that watchlist, we wait until price action meets our conditions for a trade.

MEMBERS ONLY

Investing and Trading involve significant financial risk and are 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.