My plays for wednesday - and reasoning behind

Discussion in 'Trading' started by neo_hr, Oct 17, 2001.

  1. neo_hr

    neo_hr

    Dear traders,

    my plays for today and how I chose them:

    **********
    FE - 35.84 stop 34.81 risk 1.03
    stoch crossing 50, rsi also

    AMD - 11.05 9.94 risk 1.11
    stoch bouncin of 75, rsi crossing 70

    EMC - 13.81 12.27 risk 1.54
    stoch crossin 75 rsi bouncin of 50

    GT - 19.45 18.35 risk 1.1
    could breakout(rsi crossin50)
    but stoch overb.

    MU - 21.22 23.48 PERFECT SHORT
    rsi and stoch crossing 50 down

    T - 19.32 18.48 risk 0.84
    in a range, not sure about it really
    **********

    If you got any advice more than welcome! Basically I identified S/R and went from there...

    TLC
    Alex
     
  2. You found them, so watch how your ideas play out - that's the best way to learn.

    Some are nice picks for swing-trading.