Hey everyone! Fun week in the market with lots off opportunities to trade. I had a pretty good week overall but next week I am going to focus on staying aggressive throughout trades that really warrant it. I had several trades last week that should have been $500-600 gains that I only made a couple hundred bucks on because of scaling out too soon, cutting position sizes in half at break even and that type of thing. So, I will be focusing on that next week as long as the trades warrant it! Here are some things I'm watching:
RGSE long over $3.00
EGHT long over $8.00
KING long over $18 (recommend you do not trade this if you're new)
CNAT long over $8.30 or so
KPTI for continuation over $45
MNKD for day trades (long or short) over $11.10
AMKR short under $10.80 area
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. BEFORE you ask "what are your thoughts on [insert symbol here]?" here is my answer: Tell me what your thoughts are and I will tell you if I agree! It's impossible for me to give thoughts when I have no idea what your plan is. Other than that if ya have any questions, feel free to ask below and as always, share your ideas too. The more the merrier!
Submitted June 29, 2014 at 07:48PM by greenbartrading http://ift.tt/UZyRz3
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