BULLS on WALLstreet | Blog | Set-ups for Wednesday Dec 23

Set-ups for Wednesday Dec 23
Posted by @copperstl. Dec 21 2009 8:11PM

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Continued watch encouraged for set-ups on .pdf for week of Dec 21
Remember if the market or the stock gaps down, we must adjust entries.
I am in Boom Factory to help when possible to guide with entries.
Reminder to trade with caution these next 2 weeks with holiday market conditions.
I would trade only if I can monitor screens during these 2 weeks -unless I am trading options.
See if the format in the table helps and advise.
Recap from previous night is below the charts for reference.
Post the holidays, I will add stocks in the $10 to $25 price range. (per requests)

Sc = Scalp

Sw = Swing

IntSw= Intermed Swing

LgSw = Longer swing
Short = Short

Date Of Watch	Symbol	Strategy	Close	Entry	Target 1	Trigger Break	Target 2	Notes

Dec 22
21-Dec	FNM	Sc/Sw	1.08	1.14	1.24 to 1.29	1.33	1.44
21-Dec	KOG	Sw	2.28	2.34	2.51 to 2.54	2.37 -2.29	2.64 to 2.69
21-Dec	CPF	Sc/LgSw	1.37	1.47	1.94	TBD		looking for possible retrace

KOG

CPF

Highlighted changes from tonight are below for easy reference.

Tuesday Dec 21 Watchlist

LCC (break-out quick swing strategy)

We got out break out!! Watching for any steam left tomorrow.

Still waiting for LCC to go .....well.....somewhere!

Close: 4.60

Entry: 4.67

Target: 4.94 to 4.99

GBG (Scalp)

Volume played out but no momentum to confirm. May watch Wed/Thur

Trading Range Strategy Practice

(remind me to teach more about this on a free webinar to premium)

Close: 1.67

Entry: 1.69

Target: 1.79 to 1.84

Comments

@Major_Sirius
Dec 21 2009 10:51PM
Hey Leigh! Do you think we could have a seminar on what to look for in charts and such indicators like stochastics, RSI, etc.? I think that may be quite helpful in understanding what it is that you, urban_ryno, kunal, and SG see in a stock that makes it a play or not. Thanks!

@vulcan77
Dec 22 2009 7:36PM
Hey thanks for the table. I will be sure not to miss these trades this time. Unless the market gaps down I will set a buy-stop order, since the last few BOOOOOOOOOOM type trades I missed and didn't want to chase.

@mobthehop
Dec 24 2009 8:01PM
Leigh, blur this morning, posted this at stockgod...just a quick note of thanks for all the work you put into this & thanks for sharing! Have a Merry Xmas!

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