Trade Ideas November 11, 2014

Today's Swing Trade Ideas

BCOV/Long  (Technology Sector Software Application)  BCOV was a featured trade idea on November 3, again on November 5, and now today.  BCOV has had a nice PBO with a Bullish Engulf off the T-Line and positive follow-through demonstrating the Bulls are in charge.  A bullish J-Hook is forming that could push BCOV into the gap and up to the 200-day simple moving average, approximately 19% from yesterday's close.

My entry plan idea:  Currently long from $6.56, I will consider adding on intraday consolidation and a new buy might be considered on a J-Hook breakout over $7.00.
My stop plan idea:    A close below the T-Line

  • E-Coaching open to the public tonight at 8 p.m. Eastern in the Live Trading Room
  • No password required, Trading Room opens at 2 p.m. Eastern Click Here

 

  • The long awaited Rounded Bottom Breakout E-Book Course is on sale right now for a very special pre-launch discount of $297.00 for the next 3 days!  Starting November 15, 2014 the cost will be as follows:  Retail non-members $447.00, members $347.00.  Your discounted pre-launch cost is only $297 for the next 3 days.

Good Morning,

SPY:   The SPY as with the rest of the market is bullishly strong and seems to be on a mission, and that’s okay.  With positive earnings and oil low, this market has climbed to new highs, and without a sell signal, we should see yet higher highs. Yesterday I pointed out a few targets for the SPY:  $204.30ish, $206.75ish, $208.70ish, $209.59ish.  The $204.30 target could get tagged today or tomorrow. FYI, the SPY will be working on a 17-day T-Line Run today.

 IWM:   IWM is starting to form a bullish J-Hook coming off a PBO and the T-Line area and is poised to break out today or tomorrow.  My plan is to follow the bullish trend looking for chart set-ups and to trade proven strategies.

 

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 I post a 10 -15 stocks 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.

URZ -  up 32.67% in 3 days

MITK - up 14.55% in 2 days

ONE - up 5.88% in 2 days

RPRX - Friday was a nice 1 day trade for 18.38% thanks to a member in the trading room!

 

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
11-7-14 Long Buy on positive trading
11-5-14 Long Wait for buy signal
11-4-14 Long Buy on positive trading above 50sma close on weakness
11-3-14 Long Buy on positive trading
10-30-14 Long Doji bottom forming??
10-29-14 Long Buy on positive trading
10-27-14 Long Buy on positive trading
10-24-14 Long Hit target +28%/Buy on positive trading
10-23-14 Long Buy on positive trading
10-21-14 Long Buy on positive trading
10-20-14 Long Buy on positive trading
10-17-14 Long Buy on positive trading
10-14-14 Long Buy on positive trading
10-9-14 Long Caution
10-2-14 Long Buy on positive trading
9-25-14 Long Be a profit trader/at target
9-5-14 Long Manage carefully or close
8-28-14 Long Close on weakness
8-14-14 Long Target hit + 35.5%/Buy on positive trading
8-13-14 Long Target Hit +29%/Buy on positive trading
7-8-14 Long Buy on positive trading

VXX S&P 500 VIX Short Term Futures:  A close below the T-Line ™ implies the bearish short-term swing traders are in control, Yesterday's candle implies sellers are in control.

Energy Sector: XLE, SX90, ERX  A close above the  T-Line ™  implies the bullish short-term swing traders are in control.  The bearish engulf implies a test of the T-Line.

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

The information in this email and Blog Post are notes to myself and should 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.

Comments are closed.

Skip to toolbar