Rick’s Featured Trade Ideas

ATI/Long (Metal Fab)   After forming a bullish piercing candle and double bottom, ATI has painted a bullish picture of higher highs and higher lows.  Currently, it has a rounded bottom breakout and a bullish morning star signal leading to a J-Hook continuation pattern.

$$$—Hit & Run Members were alerted to STRP on January 20, now a perfect T-Line™ Run that has produced 90% —$$$. We teach how to find and trade, trades like this.

ATI Plan your trade & trade your plan  February 16, 2016
Possible entry plan idea:   Buy Box $Members Only
Possible stop plan idea:   Stop Below $Members Only
Risk Reward 5:1 depending on entry/exit/stop

SPY Attitude:  (MA trend down/price relief rally underway) A close over $187.95 would likely move price to between $191.20 and $194.60.  We currently have a minor trend change to bullish on the four-hour chart and a close over $191.20 would likely produce an intermediate bullish trend change.
All candlestick traders have certain candlestick patterns that they favor, and one of mine is a gap down and not just one but two Doji’s together and then a gap

up.  You can see this doji chart pattern on the four-hour chart of the SPY.  Also noted, a double bottom and a close over $194.60 in the next few days would give us a bullish “W” pattern.

IWM:  Minor relief rally trend, Trouble near 99.50
SMH:  Minor relief rally trend, Trouble near 48.10
IYT:  Minor and intermediate bullish trend intact 132.60 – 136.25 is the next target area.
S&P VIX Short-Term Futures VXX:  The recent bullish trend is about to see a great deal of pressure.
USO Unites States Oil Fund:  Over $8.80 could put USO between $9.30 and $9.90
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.  Please follow your trading rules for entry stops and profits. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
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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.
2-sma > T-Line™ = Minor trend up
T-Line™ > 34-ema = Intermediate trend up
2-sma < T-Line™  = Minor trend down
T-Line™ < 34-ema = Intermediate trend down

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.