Anyone looking to short Natural Gas? It's forming a head and shoulders reversal pattern with the neckline just above $5. Entry point would be...
That comes pretty close to what I look for. I'm more interested in the pattern to begin with. I then look for volume. If strong volume exits...
Two great example are RFMD from yeterday and MAG from today. Both broke out of a head and shoulder reversal pattern on strong volume.
I'm a pattern and support and resistance trader. I look for break outs on strong volume or break downs on normal volume. I want the surge in...
Maggandre, I mostly use SC.com's scans for volume gainers. I believe there is a way to weed out the penny stocks and thinly traded stocks but...
ACS broke down
MAG broke out
Two more shorts to watch: MEE below 13.10 STE below 22.65
By the way, these are all shorts. Check my post above for longs.
HMY, PDG, ACS, and CTMI are at the top of my list this morning. HMY and PDG may actually get a boost if equities fall. Entry points: HMY...
They are for swing to position trades. They can be used for day trading the open also but they are not intended for that purpose.
In order to reduce the number of threads I will post on this link only. If this one gets too long I will start another and drop this one....
Maggandre, Actually, SC.com's scanning features are limited. TC2000 is much better. SC.com has nice storage features along with annotation,...
Greenleaf, I don't like the way ALKS is trading either. Tight stops here. The thing that is most bothersome is that spike of buying that...
GreenLeaf, I use SC.com's scans. Also, TC2000, Ameritrade Analyzer. And I do it the hard way... I have a database loaded into SC.com that...
thx for the heads up Kernan
RFMD goes at the top of the list for tommorrow. Also watching ATMI, VTSS
Sorry for the late follow up. Yes, I bought it yesterday. I was hoping someone else was on board. Sometimes you get lucky.
Is gapping up to 16 at the open
Separate names with a comma.