$TNGO is a great example of an earnings/PR breakdown trade. My favorite type of plays are triggered by some type of press release or earnings announcement. We then look for a technical setup intraday to find a low risk entry – it can be long or short. These stocks tend to be in play for multiple …
Yesterday we made a quick trade in $ONTY. I wanted to highlight how aligning stocks on multiple time frames works, as its an important concept for all traders to grasp. If you view the daily chart of $ONTY, you see that it has a very nice setup with an apparent breakout spot somewhere near $5. But where …
Read more$ONTY Trade Review – Aligning on Multiple Time Frames
I got a couple requests for me to go over my MNST play on friday and how I knew the play was going to bounce. The honest answer to this is.. that I didn’t know. Sometimes trading is about feeling the stock. Thats why seasoned traders often can make trades that us newbies will never …
We traded TUMI and BSFT in the chat today with decent gains. For new members these type of setups are our bread and butter plays. So I decided to dissect intraday setups on a 5 minute chart.Please click on the charts to see notes and setups.
I wanted to review my trade in $HALO today. Anytime you find a strong stock based on earnings or news it makes for a great intraday trader. The way that I like to play these is obviously to look for an intraday setup to buy, whether that’s a flag or a flattop/consolidation breakout. $HALO was …
Read more$HALO Trade Review – Trading Intraday Momentum Stocks
Here is a trade we did in $GDOT last week. This is a type of earnings play that we do each day during earnings season. Earnings season is my favorite time to trade, as we see a ton of these setups. $GDOT had a big gap down on PR/earnings. Usually a large gap of any type …
Read more$GDOT Trade Review – How to Trade Earnings Breakdowns