How to Play Intraday Bounce Plays- WATT Example

Bounce plays can offer some of the best risk versus reward trades. When stocks get extended to the up or downside, they will often have a bounce, a quick retracement in the opposite direction. This is not a setup suited for newer traders. It is easy to mistime these, and if you do not have …

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Day Trading Gold For Profits On An Epic Bounce Play

JDST has been on a tremendous trend for quite some time. But once the stock reached $103, it went on an epic tank. Eventually, it reached the 50 SMA on the daily chart with some oversold stochastics on Friday. With all of these oversold conditions, on May 15th I was looking at this stock for …

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