Gap up on Earnings Friday. Even though it's more of a gap and go, I'm expecting a little bit more of a retest since the stock is at an all time high.
Played the Gap Bearish. The point of the idea post is to show the succession of Stop placement as the trade moved in my direction. The dotted line is the 200 EMA on the daily chart which is why the stop movements happened more frequently as the trade got closer to that price point. Trade was setup on the 1 minute chart and then followed on the 5 minute chart. Was...
Huge volume today on a retest gap. Highly doubt a retest all the way to yesterday's high. Looking for it to retest the support/resistance level. True target would be 11.40. Honestly not sure it'll pull back this far though.
Bullish Gap and Go today. Good volume. I expect it to open around 8.02 tomorrow and if it breaks the high of today, it should continue higher.
This is one I'll be watching. I like the retest gap bouncing right off resistance. Will consider a bearish trade based on the location of the gap and the distance to the EMA's. I think either the black line or the orange line are the two most likely scenarios. Hoping for the Black line and will look for a reversal signal.
Retest Gap today. Near a resistance again so looking to exit pretty quickly after reaching 2R target. Entry point is right around the middle of two very solid support/resistance levels. I would prefer that this trade waits to trigger until Monday 1/30/17 while still getting another bearish candle tomorrow. This will allow the EMA's to catch up a little more.
Stock jumped up on earnings. Then another big retest gap to 52 week highs. Near a strong resistance so I expect a pullback. Ultimate target would be 29.09 at the resistance level.
I have two setups on this one. Stock is gaping up on earnings today. Because of that, I'm not sure if it will pull all the way back to the lower entry @ $20.00 One could consider having both orders open and cancelling the lower entry if we don't get a pullback that far. If we do, there is a good chance the the higher entry idea gets stopped out. Entry 1: 20.40...
on the 5 minute chart, several candles in a row in a channel. If we break above that, should continue higher. Stop placed below the Low of the Day so far.
Good volume. Bouncing off support level. If it breaks today's high, should continue higher. Though this stock had massive gains in 2016, the preceding years were a continuous downtrend. We have just completed a nice sized bearish/sideways move. At the very least, seems to be a good buy low, sell high location.
We got above average volume today on the gap up. Though it's more of a gap and go, I'm looking for it to "fake" a retest of the support/resistance level I have at 8.09 It's likely to retest this level at some point within a week or two max. Hopefully quicker. 2R is just above the next resistance level, but the previous peak had two days in a row that hit the...
Stock is breaking out of a channel. Great volume with a bullish gap. Retest gap, so wait for the pull back. Looking for the 200 EMA and the support/resistance level to hold it up. Also had great volume on the gap.
Retest gap today. Gap at support/resistance so looking for it to retest the support level and continue higher. Giving plenty of room for this one to be wrong. Estimating that it'll still hit target within a week or so if triggered.
Bullish Gap and Go. Though it ended the day with a bearish candle, if we break today's high, we should continue up to the next resistance level. It just broke an evening star reversal with a bullish gap. candle bounced nicely off of the resistance/support level today. Enter with a stop limit order of 9.66 with a stop at 9.40 Gap is similar to gap that I pointed...
AMD retested a gap today and closed above the support level. If the stock continues up tomorrow, will enter with a stop limit order of 11.78. ultimate target would be around 16.38 where the next solid resistance level is.
Looking to play bearish. Hoping for a quick retest of the 10 EMA after missing the Doji Entry
Lots of selling today, still looking at an entry based on the gap from 11/30. Entry 1 penny above the high of that day and stop placed at the low of that day.
MT did not pull back as far as I hoped. But, still a great bullish gap the other day to try and take advantage of. I've updated the entry from 7.68 to 7.85 and moved the stop up to 7.53. I want this to trigger by EOD Wednesday 12/14/16. If it does not trigger by then, I will cancel. 3:1 Risk to Reward if it works out.