X marks the spot for DIA. Coming into lots of support and likely to bounce. WAIT for bounce to confirm and verify you have a good reward risk ratio before entering.
If MU gaps up, it is a perfect gap n go. If it gaps down, it will be a retest gap. To learn to trade these strategies for free, go to www.RealLifeTrading.com
NLSN expected to open at 42.15 for a Retest Gap. Watch for nearby support. Might make a good swing trade if it closes below next support. To learn to trade this strategy for free, go to www.RealLifeTrading.com
KLAC expected to open at 66 for a Retest Gap. Watch for nearby support. Might make a good swing trade if it closes below next support. To learn to trade this strategy for free, go to www.RealLifeTrading.com
SODA potential breakout of a descending wedge- BULLISH but also would consider
BEARISH- Close below 19.00 Stop 20.62 (or tighter intaday) = Target 15.01 and 11.68
Obviously this stock has been in a bearish trend for a while and very well could keep going. I would consider it bearish if it closes below 19 with a marbouzu style candle.
Bullish
There are a...
IPGP expected to open at 78.80 clearing recent pivot points making this a Retest Gap. Watch out for low volume today which can lead to getting filled at a different price than you wanted. To learn to trade Retest Gaps for free, go to www.RealLifeTrading.com
Expected to open between 96 and 97 for a Bearish Gap N Go. Last candle black on the hourly. Learn to trade this strategy for free at www.RealLifeTrading.com
Expect XL to open at 34.15 for a Gap N Go. Watch for close support and resistance. To learn to trade this strategy for free, go to www.RealLifeTrading.com
Expect FDX to open at 168 for a Retest Gap. Watch for close support and resistance. To learn to trade this strategy for free, go to www.RealLifeTrading.com
Expect CLF to open at 6.00 for a Gap N Go. Watch out for black candles on the hourly at end of day yesterday. To learn to trade this strategy for free, go to www.RealLifeTrading.com
12/12/14 per plan above, GPRO appears more bearish than bullish. Check marks for bear call spread. #1 closed below support. #2 Volume increased #3 Got more than 10% for exactly 2 weeks. #4 EMA’s have crossed bearish. #5 Got a retest gap today on the hourly. We did retest the EMA’s on the hourly and begin to fail. #6 It’s nicely above the prior candles and...
