Technical Problems Today
Technical Difficulties– Due to technical problems today we will not have any trade ideas posted today.
At 9:10 AM ET. We will talk about the technical properties of a few charts with target zones, a couple of logical entries and a protective stop. We will also be showing our trade plan with risk/reward and money expected.
►Website Orientation
On December 5, Right Way Options (Doug Campbell) created a Website Orientation video – Video Replay
► Must Read Trade Update (DEPO)
On November 9, we shared and covered in detail the technical properties of DEPO in the Trading Room, Yesterday the profits were about 38% or $216.00, with 100 shares. DEPO broke into a Rounded Bottom Breakout pattern and has been a Bullish T-Line Run ever since.
► Eyes On The Market
Even with a couple of candles that belong to the sellers, the SPY has not given up the bullish trend, below $260.70 would be a different story. The jobs report, and the outcome of the tax bill could have an impact on the market.
Rick’s trade ideas for the day – MEMBERS ONLY
30-Day Trial • Monthly • Quarterly • Semi-Annual • Annual
Learn how and what we trade: The T-Line • T-Line Bands • Chart Patterns • Support • Resistance • Patterns • Buy Box • Volatility Stops • Price Action • Candlesticks • Profit Zones • Entry Zones • Protective Stops
Investing and Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is 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 advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.
********************************************************************************************************************************
Comments are closed.