Swing Trade Ideas May 29, 2015

One of Today’s Swing Trade Ideas

EYES/Long (Healthcare)  Coming from good solid support about $11.50, with a double bottom and a bullish “W” pattern. The last five trading bars have printed a bull kicker, a Doji sandwich breaking out of a downward channel.

More on how to trade EYES in the trading room today at 9:10 am EDT
EYES Trading Plan  (Entry, Stop, Target)  Click Here
Join us in the Trading Room for the morning commentary on all of the members’ trade ideas at 9:10 AM EDT. Click Here

What Hit & Run Candlesticks does for many traders:
ADHD up 20.39% * IG up 16.08% * GPRO * up15.70% * AGIO up14.47% * FEYE up 14.45%
In the trading room teach you how to find’em and trade’em
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Good Morning,
SPY:  In yesterday’s email, I commented on two components that we use to gauge the overall market — one being semiconductors using the ETF symbol SMH and the other being the transports using the ETF symbol IYT.  At the close of yesterday, there wasn’t much change between these two components, still in an argument keeping them in opposite directions, and this is what is keeping the market frombreaking out to new highs or even new lows.  Yesterday, the SPY managed to close back over the T-Line for two days in a row now with an inside day, suggesting that the Bulls still have the slight edge.  I know in the trading room there has been both long and short trades taken and success on both sides.  As sideways as the market may seem, there sure has been very profitable trades this week.

IWM:  IWM looks poised to break out or at least test its recent high of $125.47 now that it has rallied, pulled back to a higher low, and then printed a possible Doji continuation pattern, what we call a Doji sandwich.

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. As you know some work and some don’t…Welcome to trading. Please follow your trading rules for entry stops and profits. Remember to check for earnings!

Members 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.

Members only Date  Long/Short Try our Membership, Check out the Trading Room
5.29.15 Long BOPT above T-line
5-28.15 Long BOPT above T-line
5.21.15 Long BOPT above T-line
5.20.15 Long BOPT above T-line
5.19.15 Long BOPT above T-line
5.13.15 Long BOPTl
5.6.15 Long BOPT
5.4.15 Long BOPT above T-line
4.28.15 Long Keep on watchlist
4.27.15 Long Close
4.23.15 Long BOPT above T-line
4.22.15 Long  BOPT above T-line
4.14.15 Long BOPT above T-line
4.13.15 Long BOPT above T-line & PBO
4.10.15 Long Watch the 50sma for buy signal
3.30.15 Long BOPT above T-line
3.24.15 Long BOPT
3.6.15 Long  BOPT above T-line
1.22.15 Long BOPT above T-line
7-8-14 Long BOPT above T-line

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 below the T-Line ™  implies the bearish short-term swing traders are in control.

TBT: A close below the  T-Line ™ implies the above short-term bearish swing traders are in control. At some point TBT in a bullish stance will put pressure on the bullish market.

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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