Trending Consolidating Pop Out of The Box

The trending consolidating Pop Out of The Box has caught my eye today. I have found that a bullish chart in motion stays in motion until you get a sell signal/pattern. BSX has gapped and for the past several days has had tight consolidation, what we call a Pop Out of The Box pattern. The weekly chart has created a Doji Continuation Pattern. BSX bullish above $37.90, stop near $37.10

“Stops are for protection not trading.”

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

____________________________________________________________

SPY • Trending

If you-you missed Sunday nights “Weekly Look” you can pick the recording up on my YouTube Channel. https://www.youtube.com/ricksaddler

On Friday last week we saw a little pressure on the SPY most likely on the Tariffs kicking in today, pre-market it looks like we see a little follow-through on the pressure. If the Bulls can keep us above $290.90, we should be ok with this nervous profiting.

On the other hand below %290.90 could lead to testing the September lows. On the daily chart, the $290.90 price line cuts right through the V-Stop and still above the Lower T-Line Band.

****VXX – Closed Friday with a positive body Doji below the T=Line and has a red V-Stop on its head. We might see a little chopping around this week in the VXX.

Focus Trading Education

Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

Subscription Plans • Private 2-Hour Coaching

Testimonial

This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it's a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. -Jonathan Bolnick

Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. -Thomas Bradly

Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020, Top Gun Futures or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.