CBI Long Play

CBI long play, not one of my favorite pattern. i called this play today in stocktwits and twitter and this is how I played it. Generally do not like when the 1st bar is red on a gap up chart.

CAT swing long

I want to re-iterate that I still like CAT long for a swing trade. It did fall below 88.3 , 200 days moving average but is kind of holding here. If it rebounds one can look to buy above the 200 days moving average. This has a potential target of 100, 110

BMY short

BMY short that I did not like, but these are opportunities that one can play. I don't like it because the gap was in the middle of nowhere, 2ndly the 1st 5 min bar was an up bar and followed by another up bar, no weakness shown. Then it starts to fall and on confirmation one could have played it.
i don't like such plays and I did not play it.

ARRS counter trend

Check out the counter trend play on ARRS. See how the support held and it never showed weakness on the 5 min chart. These can be played against its trend.

FFIV 84support

FFIV was a short for a quick cover when it did nto fall below 84. When the 84 support held so strong, it was time to reverse and go long over the consolidation.
See how it worked out beautifully. With 84 as stop, sell on prior high.

APOL play

Don't you love such patterns. I show them on my charts daily. These work so well. Just remember how to place your stops, entries, exits and adds. These are the 4 variables you need. Love it

SNE Fade

These are the best fade charts, where the gap opens much higher. The chances of it coming back to support is good if it breaks the 1st 5 min bar and shows weakness. Like such patterns. If this had opened at the support, even if it breaks the 1st 5 min, one has to play on confirmation, not at open.