AVNR had a big move on monday and has been consolidating this past two days. There is some clear resistance at 13.00. I'll keep on watch for either a breakout above 13.00 or a failed break and subsequent breakdown. MOBI made a big move above 10.00 today at EOD, so I expect this to be in play tomorrow. Pretty much no resistance until the mid 12s. Let's see if it can hold the double digits...
CGA was a big mover on friday because or earnings. I'll keep on watch for a secondary move or a fade. This could also pullback to fill the gap and make a second run. Definetly to keep on watch for next week. OTIV is another of last week's big movers. It gapped, pulled abck, filled the gap and now is running again. It has some resistance at 4.00 but I think it can make a...
SCOK had a HUUUGE run today from 3 to above 9. Right now in after hours is at 6.65 so a gap down is very likely. It made some sort of double top above 9 and can possibly colapse tomorrow. LUNA is another stock that gapped and made a big move. It opened at 2.07 and quickly ran to 2.7 only to fade away the rest of the day. It has a big gap to...
One thing you need to realize, is that by choosing to become a trader, you have just choosed to try another career; and as in any other career you will have to get good education in order to succeed. Many times, traders (me included) begun by checking out some stock tips, random strategies and random tips that they found on the internet, or worse, by getting involved in a promoted, pumped & dumped stock. When...
FOLD consolidated around 7 the last week and now seems to be going higher again. Possible goin to test 8. Chinese stocks seem to be hot now, and CMGE has had a big run. I think it can test 30 before going down, so I'll keep it con watch for tomorrow. GIGA had a big run and got above 3.In the chart we can see that this stock usually doesn't hold gains, but it makes...
Trading is an amazing endeavor. It involves an huge emotional component that I didn't expected when I first begun and I think many traders can relate to this. Emotions run high when you are about to get in, when you are in and when you are out of a trade. Greed. Fear. Hope. Euphoria. Sadness. Regret. . All of those can be felt in the course of a single trade. Sometimes you will hit a...
Here's some stocks that I'll be watching for next monday and possible all week. BIOF has been trending nicely the las couple of months. Last friday it pulle d back to it's 20sma and formed some sort of hammer, that makes me think that it could be getting ready to go back to 13 or above. Holding above the 20sma is KEY. CBK is breaking out and nearing it's 4 year high at 11.60, so...
Yesterday's Watchlist Review: ISNS: Big gap up as expected and then traded most of the day in a range around the high 9's and the mid 8's, finally breaking down at EOD. Now at 7.71 A/H. DGLY: gapped down and faded the whole day. HPJ: Almost reached 8 during premarket but then it was all the way down the rest of the day. FCEL: Down all day, now at 2.53 A/H. SGOC made a huge...
From yesterday's watchlist: RSH - Down big as expected. GRH - Had a down day but it came back up at EOD. Possibly going to consolidate before a bigger move. GPRO - Gapped and went above $55 only to pullback near $54 at EOD. CLUB - 5% gain on the day and on it's way to filling that gap to $6. For tomorrow: I made pretty good profits today on ISNS. As of right now,...
This is the first post of my daily watchlists. I'll try to put a watchlist daily after market close, so subscribe or check out daily for trading ideas. Here's what I'm watching: RadioShack shares skyrocketed since tuesday of last week when Standard General LP, one of RadioShack's largest shareholders, negotiates a possible rescue package with investors to stave off a bankruptcy filing. RSH then rised near to it's 200sma before pulling back. Depending on news this...
Trading is hard, don't let anyone tell you otherwise. To succeed at trading, you will require discipline, preparation, hard work and good mindset. Take away any of this components and you will fail. If you ask any succesful trader at what time their day begins, they will tell you that early in the morning, some of them even before 5:00 a.m. Trading is like a sport and just like in any sport, you must prepare...
