Trade Ideas November 19, 2014

Today's Swing Trade Ideas

LRAD/Long  (Technology Sector)  LRAD is forming a bullish W pattern that has now come back over the big three with a 13.88% move yesterday after a PBO double bottom pattern with about a 20% profit target or more depending on your entry and exit.

My entry plan idea:  Below $3.20 inside day

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

MITK, URZ, SNSS, KING, SPEX, BDBD, EXK are all double digit gainers from our MEMBERS’ trade Ideas over the last 12 days ranging from 10 - 44%. Looking for a friendly "Cheers" like trading room?

Good Morning,

SPY:  The flagship of stock trading which is price continues to sail into bullish waters. The SPY has been consolidating over the last few days and the bullish decision of yesterday is forming a J-Hook continuation pattern. Obviously from yesterday's bullish decision, the 23.6% retracement didn't happen. Price continues to trade comfortably above the t-line and is slowly but decisively pushing higher.

 IWM:  IWM has closed below the t-line for the second day and now the 2-period exponential moving average is below the t-line indicating that a swing high sell signal is in place. The inside day Doji yesterday requires at the very least today's candle to help determine the future direction of the IWM chart. Price closing above the t-line sets the chart up for a bullish J-hook continuation pattern and a continued close below the t-line sets us up for that 23.6% retracement.

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.

Symbols from TC2000

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
11-18-14 Long Buy on positive trading
11-12-14 Long Buy on positive trading
11-7-14 Long Buy on positive trading
11-5-14 Long Buy on positive trading
11-4-14 Long Buy on positive trading
11-3-14 Long 14% profit/ close for now
10-30-14 Long Trying to bottom, wait for it
10-29-14 Long Profit taking watch the T-Line and PBO
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
10-20-14 Long Could see some profit taking
10-17-14 Long Watch for PBO/Buy on positive trading
10-14-14 Long Protect or close
10-9-14 Long Buy over T-Line
10-2-14 Long Sideways, close on weakness
9-25-14 Long Target hit +15.5%, Protect!
9-5-14 Long Caution
8-28-14 Long Close this dog
8-14-14 Long Target hit + 35.5%/Buy on positive trading
CLVS 8-13-14 Long Target Hit +29%/Buy on positive trading
AAPL 7-8-14 Long Shooting Star careful/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, The recent candles implies a possible short term bottom is trying to construct, no confirmation. Double bottom yesterday's close, we will see.

Energy Sector: XLE, SX90, ERX A close below the T-Line ™ implies the bearish short-term swing traders are in control. THE Hammer Continuation pattern and double bottom implies we might see more upside from here, The Hammer low is important.

TLT: A close above the T-Line ™ implies the bullish short-term swing traders are in control, a rounded bottom it trying to form.

UUP US Dollar Index: Has formed a bearish engulf with follow through, the sellers are really trying to take control here.

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 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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