Hi everyone!
Nice bounce day in the markets today. Intraday action was kinda rangebound so I didn't trade much, just closed out my swing in CUR and added a day trade on top of it to close the day with about $530 in gains . I also paper traded YOD and tested out my rules on 4 other trades which were all wins for $1060 in gains. So, total today assuming I followed all rules as developed brought about $1920 in gains which is pretty damn awesome! I'm pumped this is starting to fall into place and am excited to see the growth in the near future. I anticipate probably another consolidation day tomorrow and more choppy action until we get over highs in SPY and can make another strong bull run. That being said, here are some things to watch for tomorrow:
YOD I am still holding 100 of this from $5.62 but will be watching long for entry intraday for day trades. It looks like it will most likely gap up and run like CUR did today, just be careful as this one ran hard today so it could fade quickly.
SSI long for a range breakout over $25.30-25.50 area.
CBMX long for a continuation
KFY long for a bounce
IDRA long over $6.25 for a range breakout (looks almost identical to INO and same sector too)
MSO still watching long over $5.35 for a flag breakout
YPF long over $29.25 for a range breakout
MXWL long for a flag break (prob over $14.50)
SCCO short under $27.20 for a bear flag breakdown
CCRN short under $8 - it triggered my alert after hours so it may gap down but if it does I'll just be watching for intraday setups.
Hope everyone has a great day tomorrow!
Chris
DISCLAIMER: I am a day/swing trader. LONG means I'm expecting price to go up, not that it's a long term trade. SHORT means I'm expecting price to go down, not that it's a short term trade. Just because I post these here does not necessarily mean I'm buying/shorting them. They are ONLY ideas, may not be traded at all, and if I do take them, 99% of the positions will be closed by the end of the day. One other thing...any swing recommendations should be taken w/ extreme caution - lock in some profits as I am not checking these to see if they have earnings or anything before posting, so if they do they could make crazy moves. Do your own DD on them. If ya have any questions, feel free to ask below and as always, share your ideas too. The more the merrier!
Submitted March 17, 2014 at 09:54PM by greenbartrading http://ift.tt/1iXQny6
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