Gappers Aug 9, 2013

GAP UP - $NPSP, $RAX, $AIRM, $NRG, $BIDU, $MNST, $LFG, $CUBE, $AGO, $DV,$SLXP, $MDVN, $ONXX; DOWN - $NDLS, $MNK, $YOKU, $MCP, $MDRX

AAP short

$AAP, I did not play this but like the beautiful setup. Check out the 1 min bar consolidation pattern, was perfect to short it under 81.5 because of the daily and 1 min setup. On daily it is the place where it has resistance. Protecting whole number would have done good.

MDLZ long

$MDLZ , called it pre market stating that have to wait for setup. But this one got my eye since it had the most beautiful daily chart. Last day was a big red day and above 32 this looked like an awesome trade. I entered a bit early on 1 min setup when I saw the tide turn. I added close to 32 as I was thinking it may just pop up and I may get filled too high, so I entered a little before 32. It played out beautifully and exited to protect 32.5

AGU long

$AGU long call at 9:31 on twitter and stocktwits worked out perfectly. I added to the position and exited on whole numbers... Perfectly executed trade.. This is not my usual 5 min play where I add above 5 min.. Went up too fast to add more.

Gappers Aug 8, 2013

GAP UP - $NEON, $FWLT, $ARRS, $MMS, $ETE, $PRU, $TMUS, $ETP, $MDLZ, $RIG,$TSLA, $BCE, $CXW, $BEAM, $AGU, $SNI

GAP DOWN - $CSIQ, $GMCR, $CTL, $AAP, $SCTY, $FIO

FSLR swing

I liked $FSLR swing here. It has a good support at this level. There are consolidations at 46-50 level, so my best take is it may reach somewhere close to that level, consolidate. It is better above 50.. One can play the range and can buy here, stop below 40 and then monitor when it reaches above 46...

TWX long

$TWX long was played purely on the daily chart. 65 was a great support area on daily. The initial dip and a small pullback gave me the opportunity to enter this trade. This is not the great pattern but the 5 min rule never broke. i.e. it never went below the 1st 5 min bar.
I entered small as I got in at 65, so had to be careful that it does not go down from that whole number, added to m position and exited on the next whole number of 66