oil Archives - Bulls on Wall Street

How to Swing Trade the Rubber Band Bounce Setup: UCO LIVE TRADE

Rubber Band Oversold Bounce Setup The third trade in our “live trades” series reveals how I trade the rubber band oversold bounce setup. It’s a fun setup. It’s a profitable setup. It’s also a commonly mistraded setup. There are key mistakes traders are making when trying to catch oversold bounces; in today’s video I reveal …

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Swing Trading Tips: Reviewing 7 Current Swing Trade Positions

In today’s video I review the swing trading strategy behind my 7 current positions. Each entry is based off a unique swing trading setup and entry conditions. Stocks reviewed include NFLX, FB, PYPL, ROVI, BIB, UCO and CYBR. Come check out our FREE TRIAL for our Part Time Traders service. This service is great for those that …

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Energy Stock Watch

Tomorrow, we’ll kick off the week with a pre-market earnings report from Halliburton (HAL). From a swing standpoint, the daily chart is extremely attractive and a good report could propel HAL out of its bull flag just above horizontal support.  Energy stocks have been relatively strong lately and I think we’ll see impressive earnings from HAL and others considering oil prices were over $100 during a good span of Q2. NOTE:  make sure you know when these companies report so you’re not over exposed into their announcements.

Other energy stocks technically favorable:

BHI – nice consolidation pattern looking to setup for a move out to the upside.

HLX – trading range is tightening up with strong horizontal resistance just above.  Looks good for possible break on backs of strong HAL earnings.

 

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