An afternoon sell-off looked like it was going to reward our patience. Both BC and PANW were over 40 cents in the black, but a last-hour market reversal took back most of the unbooked gains. Once a stock is a breakeven, I like to trail a stop behind pullbacks, which either didn't exist in BC or was only 13 cents in the black in PANW.

DISH LONG 39.28 39.17 $(0.11)
ROC LONG 37.27 37.27 $-
ROC LONG 37.32 37.29 $(0.03) Trail hit.
BC SHORT 30.89 30.89 $-
PANW SHORT 43.55 43.42 $0.13 Trail hit.

Total of ($0.01) per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be -$10 gross earnings for the day. $8.63 per share for the month. 1000 share per trade would be $8,630 gross earning for the month.

Wide-range bar setups for the next trading day. The day trade setup is only good for the upcoming trading session.

Entries, targets, and stops are based on the day's likely inflection points, and natural support and resistance. Avoid trade until bid/ask spread narrows.

Partial or unedited list of setups. Complete or edited list goes out by email. Subscribe to the distribution list here.

Bullish Long-Side Setups

BLMN Bloomin' Brands Inc
CRZO Carrizo Oil & Gas
DGI DigitalGlobe Inc
ECL Ecolab Inc
FTI FMC Technologies
GWRE Guidewire Software Inc
LAZ Lazard Ltd
NYX NYSE Euronext
QIHU Qihoo 360 Technology Co., Ltd.
RRC Range Resources
SFLY Shutterfly Inc
WSH Willis Group Holdings PLC

Bearish Short-Side Setups

AME Ametek, Inc
GILD Gilead Sciences
LBTYK Liberty Global plc Cl C
PANL Univl Display

Dave Mecklenburg is Publisher of TigerSharkTrading.com.