Trade Ideas November 14, 2014

Today's Swing Trade Ideas

BEE/Long  (Hotel & Motel)  BEE is forming a Bullish J-Hook pattern after breaking out of recent resistance. BEE looks like a trade above $13.19.

My entry plan idea:  A buy above $13.19 or below $13.19 and above the T-Line.

My stop plan idea:    A close below the T-Line

Rounded Bottom Breakout (RBB)  multimedia course is now on sale until midnight tonight for $297.00.  After midnight, standard pricing applies.  See below:

Members $347.00

Retail $447.00

Pre-launch Special $297.00  Get it now!

I was asked by several people that have purchased the course if I would have a coaching clinic on the RBB pattern and agreed.  No date is set but it will be between December 1 and December 15, 2014.

Below are a few RBB examples.  One $1,500 RBB trade at 20% would pay for the RBB course and you keep it for life.  Ready to learn a trading strategy that has rules and works?   Yes, I am!

UIC +25%

MITK +25%

ONE +24%

NDLS +29%

BCOV +20%

VPCO +100% is it getting ready for another run?

 

Good Morning,

SPY:   Dojis after a strong or extended run up or down need a little more attention.  A doji means indecision, so in this case the indecision might be whether or not the bulls want to keep the ball.  A doji can also mean it's time for a little rest.  One more thing about a doji:  the subsequent candle can be very telling, so today might be a day to listen to what the chart has to say.  So what did the chart say yesterday?  The last 3 days have seen a bit of consolidation and yesterday was a 50/50 split for the bulls and bears.  Price maintained its bullish attitude against the T-Line.

 IWM:   IWM tossed us a bearish harami or inside day with 10 days of sideways trading above the T-Line.  A close above the T-Line and the bulls are winning and a close below the T-Line and the bears are winning. The $115.00 support area might be too much for the bulls to fight off.

 

Rounded Bottom Breakout (RBB) trades

URZ -  up 32.67% in 3 days RBB trade

MITK - up 14.55% in 2 days RBB trade

ONE - up 10.22% in 3 days RBB trade

SREV - up 24% in 8 days RBB trade

SOHU - setting up now RBB trade

IO - setting up now RBB trade

RPRX- over the 50sma sets it up RBB trade.  Friday was a nice 1-day trade for         18.38% thanks to a member in the trading room!

 

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.

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
11-12-14 Long Buy on positive trading
11-7-14 Long Caution/flirting with the 50sma
11-5-14 Long Buy on positive trading
11-4-14 Long More weakness coming, wait for it
11-3-14 Long Buy on positive trading
10-30-14 Long Trying to bottom, wait for it
10-29-14 Long Profit taking watch the T-Line
10-27-14 Long Profit taking
10-24-14 Long Hit target +28%/Buy on positive trading
10-23-14 Long Wait for it
10-20-14 Long Could see some profit taking
10-17-14 Long Buy on positive trading
10-14-14 Long Profit taking could be on the way
10-9-14 Long Buy over T-Line
10-2-14 Long Profit taking
9-25-14 Long Target hit +15.5%, Protect!
9-5-14 Long Buy on positive trading
8-28-14 Long Wait for it
8-14-14 Long Target hit + 35.5%/Close protect profit
8-13-14 Long Target Hit +29%/Close protect profit
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 doji candle implies a possible bounce today.

Energy Sector: XLE, SX90, ERX  A close below the  T-Line ™  implies the bearish short-term swing traders are in control.  Yesterday's Hammer and double bottom implies we might see more upside from here..

TLT: A close below the  T-Line ™ implies the bearish short-term swing traders are in control, Trapped between the 20 and 50 Sma's poised to take on the 20sma.

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.

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