SPY Performed Perfectly With A Bull Flag Breakout

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SPY Performed Perfectly With A Bull Flag Breakout

(SPY) Last week the SPY performed perfectly with a bull flag breakout of the T-Line, A T-Line Run, A Flag PBO on support, then a Bull Kicker (was not perfect). The result is from the may 18, low to Friday’s June 2, close the Spay has run 3.13% (Sweet). While the market is bullish, we all should be doing very well in the charts we are trading. Keep your charts simple and clean so that you can see price. If you find yourself having trouble, reach out to one of our coaches.

FREE TRADE IDEA – JUNO

FREE TRADE IDEA - JUNOJUNO (Juno Therapeutics) has been rising for the past seven months; It is now above the 200-SMA on the daily chart. On the 3-day chart, JUNO is an RBB-pattern and has formed a Bullish Rising Method. Juno has also broken out of a downtrend line

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Conditions for the JUNO trade

  • RBB (3-day chart)
  • Rising
  • Above resistance
  • Morning Star (2-day chart)
  • Rising Method (3-day chart)
  • Over 25% possible
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Why Trade With Hit and Run Candlesticks

TDOCis up 50.57% from our members only post on February 28, 2017; Education builds confidence.

100 shares of SPWH was worth $2210.00 Friday –

What is a Trade Idea Watch List?

A trade idea watch list 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 watch-list, we wait until price action meets our conditions for a trade.

 

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not 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 advise to anyone except for the trading desk of Hit and Run Candlesticks Inc.

 

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