Watch List 05/14/2004

  • May 14th, 2014
    Watch List 05/14/2004

    Digestion day in the market as many stocks had an inside day, meaning price stayed within the price range of  Monday. We ended the day nicely with $1510 in alerts! Key will be going forward, a break of Monday high will be continuation move  or we might just get stuck in range  for few days as individual stocks form some type of bases for next move higher or lower. In terms of daily chart setup there are not much out there, so i will focus on few names and follow the price action for some short rem trade opportunity. If you are struggling with your trading or learn how to trade,then you need to join our 60 day bootcamp course starting on May 27th. Our program is designed in such a way that you come out of it ready to trade live in just 3 months. We teach you everything from risk management to scanning to trading strategies. I also share my profitable intraday trading strategy which will make you money short term regardless of Market condition. The class is one of a kind. See why you should sign up for the course here and email me me thenyctrader@gmail.com .You will also have access to a private community where you can ask questions, share charts and talk with the instructors or other traders.
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    longs

    shorts

    DRL Reversal candle on 8 EMA. We shorted this one for a nice gain today. Will be looking for a short setup again.
    DRL Reversal candle on 8 EMA. We shorted this one for a nice gain today. Will be looking for a short setup again.
    GMCR Could use some pull back here. Will be looking for quick short trade.
    GMCR Could use some pull back here. Will be looking for quick short trade.
    WDAY Inside day. Could get a pop over 20 MA or might continue to the downside.
    WDAY Inside day. Could get a pop over 20 MA or might continue to the downside.
    YELP Starting to look like a bear flag. Watching for movement.
    YELP Starting to look like a bear flag. Watching for movement.
    YY Inside day. Watching for movement either way.
    YY Inside day. Watching for movement either way.
    DATA The low needs to hold for now.
    DATA The low needs to hold for now.

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