Do you struggle with feeling overwhelmed by the amount of charts you have to watch each day? Are you struggling with knowing which stocks should be your focus and which stocks are just distractions? (Hat tip to our member Ben Rodts for posting this question in our Google forum) Alot of new traders experience this problem, so …
I traded this $LITB today in the chat room. This is one of those hot new Chinese IPO stock that I have traded many time before. I missed the first morning breakout and was eyeing the stock all day for a late day breakout entry. Momentum stocks need to consolidate during the afternoon hours. If …
$UNXL is a recent high-flying momentum stock that has been clobbered recently. It has come down from a recent high of $37.44 to $21.60 in 5 days. Indicators point to an oversold condition. Volume has been diminishing every day. Candles are becoming narrower. Narrow candles simply means reduced volatility after a big run up or down. This is …
RSOL is one of the stock that went from low of 1.85 on Friday to a high of 4.17 today. That’s almost 285% gain in two days. It still doesn’t mean that can be shorted just because it has been up so so fast. In this post i will show you how to anticipate and …
Read more$RSOL: How to short via divergence for a quick 22% gain.
We traded $yrcw for a nice profit today and I was going to go over the mechanics of the trade. Parabolic shorts have always been one of our “go to” setups. Here is another blog from the past explaining the setup as well.. check it out if you haven’t already. This is one of the setups …
IMMR One of the trade I took on yesterday 5/03/13. Stock had earning on 05/02. Next morning it gapped up over the flag. For this type of trading I usually use the first orderly pullback to establish a position. Let us check out the intrday chart …