Wednesday, July 10, 2013
FDO got stopped
I played FDO a bit too early today and got stopped with almost break even. Looking at the chart, it just changed course and 2nd attempt on it gave very big gains and very steady chart. It was a nice gap above all base, hence played it early. Sometimes this happens.
ROST - did it break range?
ROST has been in this range for a long time as seen on the daily and weekly chart. It dipped below the range for a bit and came straight back into the range. Now it has broken out of the range and again came back to the range. I think this is the place where the moving averages are changing trend i.e. 20 day ma is going higher than the 40 day ma, telling me that it will now go higher..Weekly has also turned up
TSLA swing
Have been calling $TSLA swing since 82 price point. I called to play the range and start position. Above 100 was excellent opportunity and is still going higher. This is a nice play.
Earlier calls:
http://agaptrader.blogspot.com/2013/06/tsla-swing_28.html
Earlier calls:
http://agaptrader.blogspot.com/2013/06/tsla-swing_28.html
MLNX bad example
$MLNX gapped up this morning but I did not call it since the 1 min and 5 min charts look bad. Also look at daily, it hardly moves. If you see such plays, even if it gaps , do not play it because you will not get much out of it. It is a wasted effort. The volumes are so low that it is played by novice not by professionals. Stay away from such trades.
CAT swing
CAT is at the bottom of the range, one can play a bounce to 88. But long is above 88 as it has a lot of resistance http://agaptrader.blogspot.com/2013/06/cat-swing_30.html
Have called to play $CAT from the bottom of the range to the high end of the range. IT is now above 85 and one can play the ranges.
Have called to play $CAT from the bottom of the range to the high end of the range. IT is now above 85 and one can play the ranges.
FB swing
I have been calling $FB swing for a while now when it was consolidating close to 24. I said start the position here and add above 25 and add more above the 200 day moving avg. It is now at that level. This is going higher. If you played it, you already have a good profit on it.
http://agaptrader.blogspot.com/2013/07/fb-swing.html
http://agaptrader.blogspot.com/2013/07/fb-swing.html
DG long call at 9:36
DG long call was made at 9:36am today. See how I added to position and played it to profits. All the time protecting the whole number 53 after my adds.
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