Gappers 29 Aug 2013

GAP UP - $GES, $VOD, $KKD, $BIG, $VZ, $LCC, $RY, $DFT; DOWN - $TOT, $CPB,$WSM, $ASML

no good gaps today

JOY short day trade

$JOY has a very strong support at 48 and hence shorting it close to that target was risky and you can see why it is not going down. It is already down over 5% from prior close.
I shorted it seeing the weakness and added it to the position as it formed and exited close to 48 target. This was a close call trade... The trade was called on twitter / stocktwits as it was formed

Gappers Aug 28 2013

GAP UP - $ZLC, $EXPR, $AVGO, $SDRL, $CHS, $WDAY, $AUY, $AN, $SODA; DOWN -$SQM, $MJN, $JOY

TIF long day trade

I Played $TIF on confirmation on 1 min chart. It fell below the 1st 5 min so did not like it and hence wanted to wait for a confirmatio before playing it. I got the confirmation on the up pattern on 1 min chart as pointed out. I played it and added to position quickly getting a neat profit..

Gappers Aug 27 2013

GAP UP - $TIF; DOWN - $INFY, $TTM , $DB, $HDB, $MLNX, $TRIP, $CHRW.. nothing good today, mainly gold stocks up...

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.

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