Saturday, May 11, 2013
CAT swing
CAT swing play is good. This is a $110 stock. Just went above 88 that is a 200 day moving avg on the daily. Pulled back and held it giving it a great bull sign. Target 1 is close to $100 with Target 2 being at $110
BIDU swing play
BIDU swing play. It looks good if it holds 93. Has huge potential upside, hence this is catching my eye more. Most of the swing plays do not have a huge upside without a pullback since it has gone up so much. This one looks good. With a lot of IPO's coming out from China, this may get a momentum and a catalyst to go up. Keep an eye!!!
ALXN day trade
Check out how to play ALXN. It can be played at open on the 1st 5 min high but exiting the position at $100 since that is a big round and physiological resistance.
Once it clears that level and holds 100, one can buy again later and add to the position and exit towards the end of the day because of the steady move. See on the 5 min it never went below the 20MA. Great play
Once it clears that level and holds 100, one can buy again later and add to the position and exit towards the end of the day because of the steady move. See on the 5 min it never went below the 20MA. Great play
LOCK Swing Play
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.
Risk reward looks good. Check out the daily and weekly charts here.
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
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