Who Loves to Eat?
ZOES – Who loves to eat? We all do silly traders. The RBB strategy will work perfectly for the ZOES chart. ZOES has rallied from a Bull Kicker to the Dotted Deuce and pulled back to create a PBO J-Hook continuation pattern. Note gap above the 200-SMA to about $15.90.
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► Members’ Trade Idea Update (ZAGG)
On October 4 we shared and went over the technical properties of ZAGG, today the profits would be about 38% or $605.00, with 100 shares.
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The SPY remains above the T-Line trend and the $257.30 support line. The morning futures are suggesting a higher open. Premarket price has challenged the recent high. The Bulls are in charge as long as they maintain the trend. Pullbacks to support are welcome with evidence of buyers coming back in. The 3,4,5 day charts look like consolidation above the T-Line.
Rick’s trade ideas for the day – MEMBERS ONLY
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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.
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