LOCK - Life lock is a good risk reward play. Stop is 50 cents with a target of $2 up giving it a 4 R profit.
Risk reward looks good. Check out the daily and weekly charts here.
Saturday, May 11, 2013
CELG swing
CELG swing play. I dont like it just because it has gone up so much , close to 50% up in the recent bull run. I would like it to pull back to 115 before I buy it. This does not mean that it will not go up, all I am saying is this one is not for me at this level right now. I want a pullback before I can enter.
SHLD Swing
SHLD looks like a good swing play. I would like it to go back and test 54. If it just consolidates here and has 1 or 2 inside days (i.e. open / close of the stock within the big green bar), then this can be played for target of 65ish
HLF swing play
A swing play on HLF. This looks good, above 200 day moving avg, above 45 from prior highs and has a good support here on weekly too. This has a target of 55 ish . Can be played with a good risk reward ration.
Stop is $2.5 below, giving this a 4R play
Stop is $2.5 below, giving this a 4R play
DELL swing play
This is a daily and weekly chart on the right. This may work on a swing trade. This is a pure speculative play. But the risk reward is not bad.
LNKD short
LNKD - awesome short, but had to wait for it to take down the 1st 5 min bar. If it held the 1st 5 min bar, it could have gone up. But since it didnt, one can short it with a tight stop and exit on the way.
Check out why one has to wait for it to take the 1st 5 min bar low before entering into such plays
Check out why one has to wait for it to take the 1st 5 min bar low before entering into such plays
TSLA play
TSLA play, see how well it formed on the 1 min chart. Excellent buy opportunity above the 1st 5 min bar and gave lots of opportunities to add to your position in your favor and exit when you get too many R's.. remember this pattern. works!!
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