Top Trades of the Week from Hit and Run Trading

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Whether you are a day trader, a swing trader or looking for longer term position trades, you owe it to yourself to check the Hit & Run Report.

What you get with Hit & Run is a morning report that analyses the indexes and leading stocks, a nightly report with both long and short day trading and swing ideas as well as access to the Hit & Run private Twitter feed where I call audibles in real time, pinpointing long and short entries as stocks come out.

Let’s take a look at a few examples from this week.

CYRX was a long trade idea from Tuesday’s Nightly Hit & Run Report that we swing.

It triggered long out of the gate at 41.60

It exploded following an Opening Range Breakout (ORB) — trade over the first half hour high.

I tweeted that clearing 49 projected to 55.

It pulled back from the 55 region and I called an audible to reload for a day trade at 49.

The following daily API shows it broke out last week.

That put it on our long radar and we continued to stalk it.

On Wednesday morning it triggered a micro Rule of 4 Breakout on its 10 min chart and we tweeted members to take it long.

API exploded, showing the power of my Rule of 4 strategy.

Members took GDXJ long on Tuesday as it approached its 50 day line.

On Wednesday morning we showed the following GDXJ defining near term resistance at the 60 region.

Pre-market Thursday, GDXJ was up over a point near 60 on Powell’s “Pivot” on inflation speech and we followed our game plan and members sold into the strength.

GDXJ caved to 56.21.

BIGC was a Hot IPO Pullback setup this week.

Last week, it flushed its IPO day low and turned up with authority on Friday.

On Monday, BIGC traced out my TNT continuation signal, which was followed by an explosion on Tuesday.

On Wednesday, BIGC pushed higher out of the gate.

Following an Up Opening Spike to 136, I tweeted to take it long on a pullback to 124.

As the following updated BIGC shows, it pulled back to 123.31 and exploded to 151.99 before the close.

In sum, I am in my turret all day watching the most important clue there is in trading: behavior.

Not all setups are created equal.

It is the behavior of a stock intraday and day to day against the market itself that reveals patterns of accumulation and distribution and telegraphs whether a setup is likely to be successful.

It is the behavior of how a stock acts after a setup triggers that seals the deal.

As I like to say, speculation is observation pure and experiential. Thinking isn’t necessary and often just gets us into trouble.

The benefit of joining Hit & Run is my eyes: I’ve been observing markets for over 35 years, using my Hit & Run strategies.

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