Comments on: Swing Trade Ideas 12-6-19

By: Drew

Drew — Fri, 06 Dec 2019 20:46:44 +0000

@rsotc Howdy Randy, if you are doing a closing marketing video, would you please update on the Natural Gas? Thanks!

By: Dazi

Dazi — Fri, 06 Dec 2019 17:50:25 +0000

In reply to rsotc. Okay, thanks Randy. My bad. I was taking the rise from the near-term lows as a short-term uptrend.

By: rsotc

rsotc — Fri, 06 Dec 2019 17:48:29 +0000

In reply to caleb.knedlik. Yes, I did take a position in SIG today as that's one of my favorites but more importantly, has triggered an objective long entry on an impulsive breakout today whereas many of those other trade ideas are still just trade setups, awaiting an objective long entry on a breakout.

By: rsotc

rsotc — Fri, 06 Dec 2019 17:45:22 +0000

In reply to Dazi.

The Three Black Crows candlestick pattern is a bearish reversal pattern which means that it should come after an extended uptrend, not during a primary downtrend such as PBYI is in. http://thepatternsite.com/ThreeBlackCrows.html

By: caleb.knedlik

caleb.knedlik — Fri, 06 Dec 2019 17:22:17 +0000

@rsotc Nice work, Randy! Thanks for the info. Did you take SIG? Looks like it has broken out.

By: Dazi

Dazi — Fri, 06 Dec 2019 17:13:19 +0000

@rsotc
RE PBYI: What about the three black crows portending more downside…or is that not a correct pattern assessment?