ESRX support play. Check out this pattern. When ever the 1st 5 min bar is not broken and it tests it again. you can generally play it and exit at whole numbers or protect at prior highs or whole numbers. See how this came to support 2 times, both was playable.
Keep a note of this pattern.
Tuesday, May 28, 2013
NFLX fade play
THis one was a good fade play. I did not play it but I liked the charts and the formation so putting it here. Check out how the gap started up and then just collapsed on the 5 min, you can play such charts starting small and covering at the half of the 1st 5 min bar.
Friday, May 24, 2013
VNDA Pharma pop
This has popped over 100% in recent days. Pharma is always big rewards big risks. I do not play pharma, keep this as 5-10% of your speculative portfolio.
MSFT recent move
MSFT recent move has been impressive. It is hold at the moment at current levels. It had a minor pulback and may go higher. But I am not buying it at this level.
JAZZ break out
This one is looking good on weekly and daily. Retaining this support wall, this will see higher numbers.
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
My other post on this - http://agaptrader.blogspot.com/2013/05/tsla-has-potential.html
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