Friday, May 24, 2013

BA pullback

BA had a great run to 100. I think it may rest before leaping again. The support levels have been indicated on the charts. 100 is also a big psychological barrier so a pullback is expected.

TSLA swing looks good

TSLA range looks good now, now seems to have potential to go higher. My target is 140 on this. It has to break 100 first.
My other post on this - http://agaptrader.blogspot.com/2013/05/tsla-has-potential.html

TGT Play

Did not play it, but just wanted to comment on it. Don't really like it since it was not a gap stock. I only play gappers, so this did not hit my list. But MAYBe this is how one could have played it.

P fade play

P fade play, another variation of the gap up stock, that shows weakness on 1st 5 min, shorting it works.

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