I am looking for stocks priced between 10 and 50 and the main criteria is that they have to be non-trend...meaning two stocks can both be up 30 cents by noon. One is loopy like up 15 down 40 up 20 down 15 up 30 and the other just is a straight line slowly and surely to that 30 cents....I want the former type...what suggestions do you guys have for me to look into?
I think the easiest way would be to do a screen on finviz or yahoo for stocks $10 - $50 with high volume (like >10 million shares) and a high beta (say >2). Once you've got that list, a quick run through of the intraday charts should give you a list.
Stocks to watch for trading...... US market -> Altera corp. Buy around 34.64. Target = 41.45. Stop = 31.97. risk/win = 1 : 2. Starting from next month, duration time = 1 month from starting. -> Amazon go short next month. target = 227 - 222. -> citigroup short now at 26.50. target = 21. Stop = 29.60. Close on first of october. -> Nvidia corp. Long around 13.68 next month, when price ve build support there. stop = 11.60, target = 17.53 USD. Exit maximal on last day of october. so far so good. watch these, could be possible good stock trades, for a duration trade time of about 2-4 weeks. regards
Trade the 2x and 3X etfs. I just bought TYP at $19.50 and its already up 20 cents in the last 5 minutes since I bought. Looking for $20.50+ tomorrow at some time during the day! Of course 2x and 3X move very quickly especially on days like today.
international stocks Japan -> Nintendo tonight, watch for buy around 11849 - 11668. Only if there is no down gap over 11668 or up gap over 12050. Stop = 11421. Target = 12442. Close before weekend. UK -> Barclays next month. buy around 157.82 - 149.07. Stop = 135.46. Target around 181.39. Close after october, maximal. Germany -> BMW next month. buy around 53.60 - 52.55 â¬. Stop = 48.98 â¬. Target = 60.93. Close after october, maximal. good luck