GAP UP - $FDX, $ADBE, $EXPE, $DG, $SRPT, $CL, $GIS, $DLTR, $CTSH, $FNSR,$RPRX, $TXRH, $CLNE, $NOW, $WPX; DOWN - $FIVE, $SBGI
Wednesday, September 18, 2013
Tuesday, September 17, 2013
VRX long day trade
Called $VRX at 9:32 am. Always play pharma with a critical eye, Pharma stocks does not follow proper pattern. It always reacts extreme. Played very small size and exited at whole number. This was also very spready
XONE long day trade
Called $XONE at 9:32am on twitter/ stocktwits. This is how it shaped up. The whole number 50 was a good support for this stock. it went up quick and I entered the position. DId not get a chance to add to the size, but exited along the whole number lines. Check out the play
OUTR long day trade
I called $OUTR trade at 9:32am on stocktwits and twitter. See how well this stock went. I started with normal size and then added very quickly to it when I saw the gap held the 5 min bar;
Reason to play such gaps are that they opened a bit too low. Chances of such gaps going in reverse direction is pretty high. You have to watch how it is shaping up and then play it.
This is the reverse play on a gap
Reason to play such gaps are that they opened a bit too low. Chances of such gaps going in reverse direction is pretty high. You have to watch how it is shaping up and then play it.
This is the reverse play on a gap
Friday, September 13, 2013
Thursday, September 12, 2013
KR long day trade
KR long was nice, but I was expecting a bigger bounce. I like the daily support area and on an earnings day, this should have blasted up. I started early and added as it went and bailed out when I did not see the power in bid/ask. This could also have been a place where it went higher, but since it did not, I bailed out. 1.5R trade
This was called out on twitter/stocktwits as the trade was being formed
This was called out on twitter/stocktwits as the trade was being formed
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