CMG Explodes

THis is an old play, but just wanted to show the power of the daily bars here. This can be played on the 5 min chart above the 1st 5 min high like I generally play most of the days. But what is interesting in this play is the BIG RED bar on the prior day and holding above the support. The next day opens above the HUGE RED bar and above support making it a huge potential to be a great tier gap and see how it explodes.

Such plays are the best ones and have to be lucky to get it. But if you see it, you can make tons, enough for next few weeks.

CHKP swing

CHKP also very similar to Caterpillar CAT pattern, just went above 200 day moving avg. If this holds, has a good chance to go to prior highs of 52 target 1. This stock does not fly like some of the big names like TSLA or CAT or NFLX. This is a slow moving stock.

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

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.

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.