BIDU swing

I had called for BIDU swing way back on May 11 and then again on May 23rd. Check out how well it worked. Lots of upside to this one.
Call on May 23rd - http://agaptrader.blogspot.com/2013/05/bidu-swing.html
Call on May 11th - http://agaptrader.blogspot.com/2013/05/bidu-swing-play.html

MON 200 day ma

200 day moving avg is so powerful. This is an example chart that I wanted to show to illustrate the power of 200 day moving avg. On the intra-day , this chart held the 200 day moving avg and went up from there.
Always play the bounce off the 200 day moving avg. this is a quick turn around.
Inspite of the fact that the average line is nothing but an imaginary line, so many people believe it that it becomes a self fulfilling prophecy.

KNDI play

This stock has been historically a low volume stock with volume less than 100k. I generally do not play such low volume stocks.
In the last 5 days however, the volume has spiked.
No trade for me on this one.

LULU day trade

This stock is gapping close to the 200 day moving average tomorrow, close to 71.5. There are 2 ways to play it depending on how it reacts in the morning 1st 5 min.
1. If it opens near the 200 day ma and then goes down, then this can be shorted below the 1st 5 min bar low
2. If it opens near the 200 day ma and then goes up, it can be played long above the 1st 5 min bar high.

Will have to wait and see what it does.

FB swing

FB tested the support line and went up a bit. Need to go above this to start the swing, will head into resistance if it goes to 25. Breaking that is good for the stock. Need to be cautious at this level.
But longer term i like this stock and am buying it at this level.

TSLA on roll again

Had called for TSLA long when it was close to 82, went all the way to 110, now tested the 90 mark again and is back above 100. I like this and still stick with the 140 number. Check out all my TSLA calls that I had made.

On Vacation Till June 9th

Will update blog once I am back