Swing Trade Ideas 12-29-2014

Today's Swing Trade Idea

MOBI/Long (Technology)  The MOBI weekly chart has formed a bullish hammer while the daily chart is in the process of forming a 1-2-3 LH-LH bottom (1-2-3 pattern - low high, low high).  MOBI is also a Hit & Run Candlestick Pinball chart pattern.

My entry plan idea: Above the T-Line
My stop plan idea:  A close below the T-Line

*You can learn more details in the members’ trading room about MOBI and many other trades.

KNDI -  Up again on Friday making KNDI a trading room run for about 20%

Good Morning, 

SPY:   Not a bad week last week, all things considered, with low volume, half-day on Wednesday, closed on Thursday, and did we really want to work onFriday?  But a good week it was in the trading room.  We saw many members posting profits and a few with minimal losses.  There's not too much to say about the SPY; the Bulls are still in control and another choppy week could be ahead of us.

In any given day or week in the market, we’re going to have stocks and pockets of stocks that are bullish and some that are bearish.  The key is having the ability to find them, trade them and manage them to our advantage.  The use of candlestick signal chart patterns are definitely two of my personal favorite tools in my toolbox.

With hundreds of tools and indicators to help determine a buyable stock, it's important to only use the tools and indicators that makes sense to you and that you can explain, and most importantly, to use consistently.

IWM:  This past week, IWM has put together a very nice bullish T-Line run, and with Friday's close, the Bulls don't look ready to give up the power.  Watch for minor dips to take advantage of PBO trades and continue to follow our favorite chart patterns.

 

This Week's Economic Calendar---> Click Here

Members Trade Ideas -  Members Only

In the members area you will find 10-15 trade ideas every day

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.

Symbols from TC2000

 

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.

Symbols formembers only % Date  Long/Short Try our Membership, Check out the Trading Room
12.26.14 Long Buy on positive trading
12.23.14 Long Buy on positive trading
12.22.14 Long Buy on positive trading
12.19.14 Long Buy on positive trading
12.18.14 Long Buy on positive trading
12.17.14 Long Wait for PBO
12.10.14 Long Buy on positive trading above the Tline
12.3.14 Long Buy on positive trading
12-2-14 Long Buy on positive trading
11-7-14 Long Buy on positive trading
11-5-14 Long Buy on positive trading over 20sma
+14% 11-3-14 Long Buy on positive trading
10-30-14 Long Wait for PBO
+35% 10-23-14 Long Wait for PBO
+35% 8-14-14 Long Buy on positive trading above 20sma
7-8-14 Long Buy above 20sma

VXX S&P 500 VIX Short Term Futures:  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.  Short term bottom constructing.

TBT: A close Above the  T-Line ™ implies the bullish short-term swing traders are in control.  Possible bottom forming, short term.

US Dollar Index: UUP, DXYO A close above the  T-Line ™  implies the bullish short-term swing traders are in control.

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.

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