Tuesday, August 27, 2013
Gappers Aug 27 2013
GAP UP - $TIF; DOWN - $INFY, $TTM , $DB, $HDB, $MLNX, $TRIP, $CHRW.. nothing good today, mainly gold stocks up...
Monday, August 26, 2013
AMGN long day trade
$AMGN long day trade was an awesome 5 min setup. I did not play it but just noticed the charts hence wanted to mention the pattern here.
Buying above the consolidation and above the 1st 5 min high was a perfect play. It had a quick pop and a quick profit. I had not played it since it was a bit spready in the morning.
Buying above the consolidation and above the 1st 5 min high was a perfect play. It had a quick pop and a quick profit. I had not played it since it was a bit spready in the morning.
BTU long
$BTU called on twitter/ stocktwits at 10:15am. This chart looks good because it never broke the 1st 5 min low. THis was a pull back play. I started the position above the prior 5 min high protecting the position at about 18.35. Added a lot above the bars and trailed it tight close the prior highs. Many times it will go to prior high before getting back, but sometimes it may be few cents short of it as it happened here. Any sign of weakness, just exit... nice trade
DDD long
I went long on $DDD above the 1st 5 min high. Got stopped out the 1st time I played it but entered again when I saw the stock had momentum. Played and added to position to protect at 51.5. Awesome play ...
QIHU short
This is how I played $QIHU short. I started early with a very small position giving it enough width to wiggle. Added when it did not hold 80 and closed quickly when it crossed 78... nice profits
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