$WTW Bullish Pop Out of The Box
WTW (Weight Watchers Intl Inc) WTW Bullish Pop Out of The Box. About June 23 the chart started to form a tight range, what we call a box. Friday price popped out of the box signaling the Buyers are motivated to push WTW higher. The weekly chart is trying to put together a Doji Continuation pattern. Learn more about Hit and Run Candlesticks, and today’s trade idea plus the 10 or more members trade ideas, starting at 9:10 EST AM every morning. 30-Day Trial
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KTOS was first presented to HRC members on June 14,
Now up 11.12%. Price is drawing a J-Hook continuation pattern supported by the T-Line. Last Wednesday price formed a piercing candle with legs setting up the J-Hook pattern up.
Eyes On The Market
The overall market remains vulnerable as the Bear works for more control. As of the close Friday, I feel the Bull still has control, and the Bear has been a pain in you know what. On the SPY, DIA, and IWM charts the T-Line is still in bullish territory, The T-Line on the QQQs have slipped below itself.
What is a Trade Idea Watch-list?
A trade idea watchlist is a list of stocks that we feel will move in our desired direction over a swing trader’s time frame. That time could be one to 15 days for example. From that watchlist, we wait until price action meets our conditions for a trade.
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Investing and Trading involve significant financial risk and are not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.
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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