Friday, May 24, 2013

NKE pullback

This is a pullback play, always play such patterns. One big red bar down, pulls back to mid level (around 50%) , short it with tight stop and protect prior lows.

FB swing


FB swing play, buying above the 200 day moving avg and then add above the 26 area.. This may test prior highs. But shows weakness right now. Lets see if it holds here. Keep an eye on it

GME short

This one is another pull back play, I have posted lots of such examples on my blog. Here is another one and how to play it, where to protect it and then trailing it bar by bar on 5 min chart

FL short

Called for FL short at open and also called it on the pullback. Protecting the whole numbers is very important. Check the chart to see why.

ROST Long

Called for ROST long above the 1st bar high, it worked out very nice. If you played the pullback, here is how. Check the charts

IOC gap fade

I did not play it but shorting it below 100 was idea. Again very risky since the 1st bar already dropped over $6 bucks.. hence makes this play void...

ANF short call

Called for ANF short below 50 and see how well it worked. Dropped $2, protecting whole numbers will give awesome returns. Check out why exit is nice on 1 min chart.