Monday, May 13, 2013

CSIQ Long

CSIQ Long play worked out very nicely. It was above the 1st 5 min bar, after the smaller pullbacks. Going long and exiting as per charts was a nice trade. I did not play this. But this fits my trading plan and plays that I do every day.

CELG Play

CELG - another perfect 5 min play. Buy above the 1st 5 min bar and add on your way, 128 held very well, so opportunity to add to your position and exit on the way.

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

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.

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