On Friday, we caught $DANG for a nice $340 profit. Although I sold too early, I wanted to review the trade and why it worked. $DANG was on a lot of people’s radars going into Friday’s open because the chart was so perfect. It closed on Thursday right at the breakout spot. While it’s really easy to …
Read more$DANG Trade Review – Aligning on Multiple Time Frames
Here is a trade we did on $NAV on June 11th. I like this type of setup. It’s essentially a breakdown pullback play. Essentially, it occurs when a stock is in a huge downtrend and then out of nowhere has a big spike. Usually those stocks tend to fail right back to their prior trends. …
I wanted to do a video review of our $FRAN trade, as it provides a good lesson on trade management. There are multiple parts to a trade; picking an exact entry is just one small part of the trade. Just as important is being able to look at a chart and see levels for where to …
Here is a short trade we made in $GRPN last week. This stock popped on earnings and immediately started to fade. Once it became obvious, via the chart, that the pop wasn’t going to hold we started to look for a setup intraday to short it. We entered at $13.69 and added more to the short …
This is about our trade in $P. This is one of my favorite types of setups – the bottom bounce. Everything had lined up perfectly. I was a day early on the trade, but I knew I was a day early, so I went in with that as my plan. The setup and the risk/reward ratio …
Here is a trade review on $CNW. This is my favorite type of play during earnings season as every day you will see 20-30 stocks do this after earnings. All you have to do is have a list of the stocks that had a favorable reaction with a % gapper and then you wait for …