Kunal Desai Yet another up day in the Market as relentless Bulls keep on pushing the Market higher. Here in our chat room Bulls crew milking this Market up as much possible with another $1027 gains after $2699 yesterday. Three days into this week and we are up almost $5000 in gains. This are good times until …
Market continues its relentless push higher and the bulls crew continues to bank! We banked $2699 in gains today. That’s nearly $4000 this week and its only Tuesday. Our big winners continue to come from the earnings plays.. most of them today being on the short side! $yrcw was on our watchlist for our subs …
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 …
LOCK is a beaten up former momentum stock name. It reported earning on 5/2 and made a high of 9.60 before fading the gains. I have been watching this stock for a while now, so I setup an alert for 9.60 whenever it decided to go with a target to 50 MA 10.05 area. …
After an awesome week last week, the bulls crew is still on fire.. today we banked $1235 in gains. There wasn’t much action in the markets today as we just consolidated near the top of the channel on the $spy. However, there were plenty of trades to be made thanks to earnings season. Earnings season has always …