Monday, September 9, 2013

EXPE Day trade

EXPE day trade was a same pattern like the LULU I traded. Enter above the 1st 5 min was a very nice trade. But since the stock did not move much, this was like a 1R trade as I did not want it to go below 51 whole number. But pattern did work though not in a big way

LULU day trade

LULU - day trade worked out very nice today. This was my 5 min strategy that I play almost daily. On the 1 minute chart, one can see the consolidation, I started small at that time and added heavily above the 1st 5 min bar. Exited close to the whole number of 72 and got over 3 R on this trade.

Gappers Sep 9 2013

GAP UP - $DAL$MOS$ACM$POT$CCI$ISIS$EXPE$LULU$EL; DOWN - $FFIV,$SCTY$OVTI$DNKN


Sunday, September 8, 2013

Swing trades week of Sep 9

I think these are good buys at these points.



Date Target Date Stock Code Current Price        Buy           at
Target 1 Target 2
9-Sep-13   RKUS 15 15   20 25
9-Sep-13   BRCM 26 28   32 36
9-Sep-13   BTU 18.2 18.5   25 30
9-Sep-13   CSCO 23.5 24   26 30
9-Sep-13   IBM 183 185   200 215

RKUS swing

RKUS swing looks good here above 15. I think this one has a good potential to go till 25. I like it for long
The stock is above the support level of 15 and if this holds, has a very good upside to it. 20 is the first level to see followed by 25 till the year end.

Thursday, September 5, 2013

COST day trade - long

I played $COST long today. The daily support looked very good, so started early with a small size and added on 1 min consolidation pattern. These are excellent patterns to play. Took exit on the way up