Posted in Stock Trading Class on Nov 30th, 2007
Source: Constant Watch List – Stock had 5 consecutive up days
Target: 175 – around 20-EMA
Made 2 Trading Plans for that:
1. Reversal Day Strategy
2. Sky Scraper Setup:
From R/R perspective I could take the trade only as a Reversal Day Strategy. As a Sky Scraper Setup R/R is < 3 !
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Posted in Stock Trading Class on Nov 30th, 2007
From Helicopter scan: FCL has been up several days and it is outside BB.
Short entry: 45.8
Target: 44
Stop: 46.4
RR:3
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Posted in Stock Trading Class on Nov 29th, 2007
S&P
QQQQ
The purpose of these posts is to learn Stock Trading. Stock Commentary, Stock Trading School and the different Stock Traders who post the different stock trading strategies on this website are not responsible for any trading decisions made by any reader of these posts. The stock traders on this website may make specific stock trading [...]
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Posted in Stock Trading Class on Nov 29th, 2007
LULU daily:
This may be good example that a stock is taken down end of day – before good news (earnings in this case). Tony talked about that phenomenon on 10-18-07. After closing @40.50 yesterday, LULU is trading @44.00 pre-market today.
LULU 11-28-07 (5-min):
I DO NOT understand, why the stock did not show up on the VolcanoMD [...]
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Posted in Stock Trading Class on Nov 29th, 2007
SPY:
The purpose of these posts is to learn Stock Trading. Stock Commentary, Stock Trading School and the different Stock Traders who post the different stock trading strategies on this website are not responsible for any trading decisions made by any reader of these posts. The stock traders on this website may make specific stock trading [...]
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Posted in Stock Trading Class on Nov 28th, 2007
nailed the gap close today, which almost makes up for the poor SPY projection. got a little lower wick on the candle today.
DUG tests 42 S tomorrow, but closes with an indecisive doji. friday we get the move up toward the 200MA. tomorow we close above todays low, and friday we test NT [...]
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Posted in Stock Trading Class on Nov 28th, 2007
Deleted this post from 11-20-07 by mistake.
Source: Bottom Fisher Scan (Papertrade)
Remarks: This biotech stock “survived” the bearish market environment. As Tony says: They have to put their money somewhere.
Trade management: Stop moved to 47.50 on 11-28-07 (intraday support level).
The purpose of these posts is to learn Stock Trading. Stock Commentary, Stock Trading School and the different [...]
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Posted in Stock Trading Class on Nov 28th, 2007
QQQQ
S&P
The purpose of these posts is to learn Stock Trading. Stock Commentary, Stock Trading School and the different Stock Traders who post the different stock trading strategies on this website are not responsible for any trading decisions made by any reader of these posts. The stock traders on this website may make specific stock trading [...]
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Posted in Stock Trading Class on Nov 28th, 2007
this is harder than i thought!
DUG gets sold bit to close the gap, but paints a little hammer bottom today. we gap up and roll thursday with a power move on volume. energy patch has been pretty strong and looks like it will be the last to correct.
BTW, signed charts will be available soon on [...]
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Posted in Stock Trading Class on Nov 28th, 2007
gap it up today & causes some short covering, but scared bulls offer some shares. tomorrow, we get another open higher, then the selling returns.
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