Monday, May 13, 2013
NFLX play
Called this on twitter / stocktwits at 9:34 saying the 1st 5 min bar is v strong, and it held. Buying above it and adding on the way was an awesome trade. Exit when you get your profits
TSLA play
Check out the TSLA play. The 1st 5 min held, so that was the trigger, Doing it above the 1st 3 bars was a great opportunity to start this play. Exit as per your plans. This was another awesome call today.
I called this play as it formed in stocktwits and twitter
I called this play as it formed in stocktwits and twitter
FSLR holding 50
I started with FSLR since the 1st 5 min bar held. Love such plays where the 1st 5 min bar holds and when there is a 2 bar pullback. Added it on the way in my favor of trade and exited when I was more than happy with my profits.. It may still go up lots, and could have kept some position, But I am out of trading and done for the day with a very clean profit.
This is how I like it, Day trading for me means in and out at profit.
This is how I like it, Day trading for me means in and out at profit.
Saturday, May 11, 2013
INTU swing
Like INTU above 61.25, 200 day moving avg. Also see the weekly chart where it just clears the weekly mess. Has a good upside.
GRMN swing
GRMN play - I like it holding at this stage. Ideally you do not want to play a stock that is below the 200 day moving avg, but see the daily chart on left, the tide seems to have turned with the 20 day going above 40 day moving avg. so keep an eye for a good swing
FB swing
FB - has a lot of support here , Breaking 29 is great, but there are minor support at 28, support at 26.7ish and best would be if it touches 25, also is the 200 day moving avg on daily. Lets see how this works out. If it pulls back a bit, I love it. This is a good long term play. Like the chart even at this level.
EMC swing
Like EMC swing play. Though the weekly has a lot of resistance, I still like EMC as a stock. It has recently held the support and going above 23.5 looks good. Potential targets are 26, 28
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