I've only sim traded AIG and that was only once, but I made $3000 in a very brief period of time on a breakout. I've seen it break out of narrow-range consolidation every now and then and decided today to place it on my watch. It appears to be an ATM machine on any break out of narrow range consolidation. I've watched NFLX and GMCR forever and a day and noticed they have decent breakouts to the upside after hitting major highs (short interest at work), but then they also have very fine counter-trend moves after a strong move to a new high. I played NFLX that way today. Funny, I saw it gapped up in pre-market after a nearly 5-pt run up yesterday to 52-week highs and I thought to myself, "Damn fine long play off the open, the shorts are gonna get killed", but I had not the balls to do it!
Morning Gang, Pretty good size game plan today... I have my alerts set and I will be letting them coming to me. Watching DRI long, coming out of a consolidation with this upgrade at Cowen this morning AIB and IRE - I like AIB long aobve $3.67... gapping higher this morning with an upgrade at RBS, we'll see how she trades. I'm not very familiar with these MTB - potential long for swing or day trades above the $84.60 pivot high... APOL - im keeping an eye on it. It might not be ready today... ACC - broke out yesterday... maybe we see some action today... and some others... Any thoughts? J.
APOL worked like a charm... NTAP from the other day went nicely today. ACC didn't do anything. Traded some GS too - couldn't avoid it. I avoided the solars. Not sure why, I knew they were in play too...
They showed up on a scan I didn't know what they did or really care. I just noticed that they both had solar in the name
Yeah if you trade technicals you really couldn't care to much... XYZ company makes baby grinders. ABC corp. makes hamster wheels... Cool - the volume looks good... LOL