Rick’s Featured Trade Ideas
TCBI/Long (Regional Banks) TCBI | Trending PBO| Hammer Gap | RBB setting up | 20% opportunity
Hit & Run Members and Trading room:
CDE 101%
MEO 49%
PETX 39%
The place serious traders hang out.
TCBI| Plan your trade & trade your plan | March 14, 2016
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Close below $Members Only
Risk Reward 4:1 depending on entry/exit/stop
SPY Attitude: (Price > T-Line™ > 34-ema Bullish Trend)
7:00am: This is Fed week, and I suspect the bulls will likely slow down its run with consolidation between $204.40 and $199.80. Below $199.80 and $196.40 could be a resting spot. 19 days closing above the T-Line™. This past week formed a PBO then a J-Hook break out closingover the 200-sma. It would be prudent to watch how price acts with the T-Line™, and any breaches with a close below the T-Line™ would be a warning sign that the bulls may be running out of steam and resistance is too strong at this time.
IWM: 4-hr chart | J-Hooking between both my deuces
SMH: 4-hr chart | Broke out of the top deuce, consolidation likely
IYT: 4-hr chart | Broke out of the top deuce, consolidation likely
S&P VIX Short-Term Futures VXX: 4-hr chart | Bearish “h” pattern
USO Unites States Oil Fund: 4-hr chart | Over $9.80
Each day 10 -15 stocks are posted in the members area that I believe are poised to move 10-20% (or more) within the next few days. 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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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.
To see all of today’s trade ideas Click Here
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
Click Here | for members login | Trade Ideas & | House trade list |
Bullish Above | Bearish Below | |
UWTI | 2.47 | 2.22 |
WTW | 14.87 | 13.98 |
SBUX | 58.85 | 57.00 |
TZA | 51.05 | 46.33 |
TNA | 52.35 | 50.93 |
AAPL | 101.05 | 100.63 |
FB | 110.15 | 107.50 |
NFLX | caution | 96.15 |
BIDU | 178.75 | 173.60 |
TSLA | 209.53 | 199.50 |
AMZN | 569.50 | 555.67 |
XOM | 82.95 | 81.83 |
MSFT | 52.50 | 51.65 |
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.
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