Get started
Green Dot CorporationGreen Dot CorporationGreen Dot Corporation

Green Dot Corporation

No trades
See on Supercharts
OverviewFinancialsNewsDocumentsIdeasDiscussionsTechnicalsForecastSeasonalsOptions

GDOT trade ideas

Going long GDOT on MondayGDOT is printing a bullish hammer candlestick price bar right off of its uptrending 50 DMA on heavier above average volume with my momentum/trending oscillators conirming the price move. I am going long GDOT on Monday using a limit (GTC-BUY-LMT) order @ 60.83. I will have two trailing sell stops (GTC-SELL-STP) @ 58.99 and 58.26 to protect my initial capital in case GDOT does not move higher immediately. I am expecting a measured move similar to all or part of the previous uptrend from November '16 - November '17.
NYSE:GDOTLong
by BigWaveTrading
GDOT buyable gap-up (BGU) exampleGDOT is a great example of how to play using BGUs. Notice a) the volume signature and b) how each BGU does not violate the low of the candle (stops can be placed 2-3% below the low of the BGU candle). A buyable gap-up (BGU) is a powerful buy signal that should meet the following criteria: 1. Buyable gap-ups should occur in fundamentally sound and leading stocks, or there should be a compelling thematic basis for consideration. 2. A buyable gap-up move, in other words the height of the gap-up “rising window,” should be at least 0.75 times the stock’s 40-day Average True Range. In most cases, however, one can simply “eyeball” the gap as being of a substantial and powerful nature. Small gap-ups are not what we’re looking for here. 3. A buyable gap-up move should occur on volume that is at least 1.5 times average daily trading volume. 4. Buyable gap-ups should occur within an uptrend or constructive consolidation, not while a stock is in a downtrend. In the case of a “bottom-fishing” buyable gap-up (BFBGU) the gap can occur coming out of a low base consolidation as a stock is trying to round out the lows of and recover from a prior intermediate- to longer-term decline. 5. A buyable gap-up should hold above the intraday low of the gap-up day, and one can therefore use the intraday low of the gap-up day as a selling guide. Examples of buyable gap-ups: TSLA on May 9, 2013, NVDA on May 13, 2016, and BABA on August 11, 2016. Examples of bottom-fishing buyable gap-ups: AMBA on June 3, 2016 and CUDA on July 8, 2016. This instructional video explains a buyable gap-up in more detail. Reference: gilmoreport(dot)com/education/gilmo-glossary/
NYSE:GDOT
by dpool135