Live Trading Room Stock Setups For July 12 |
By Dave Mecklenburg |
Published
07/11/2013
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Stocks
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Unrated
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Live Trading Room Stock Setups For July 12
Another big opening gap made it difficult to find setups. A late thrust on a second entry in DHR helped get back some of the money from the day's losers.
DHR LONG 68.34 68.11 $(0.23) DHR LONG 67.97 68.32 $0.35 Exit end of day. HFC SHORT 40.77 41.09 $(0.32) RMD SHORT 44.13 44.13 $-
Total of ($0.20) per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be ($200) gross earnings for the day. $3.47 per share for the month. 1000 share per trade would be $3,470 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
CMCSA Comcast Cl'A' CIEN Ciena Corp CRM salesforce.com Inc LTD L Brands Inc TDC Teradata Corp VMW VMWARE Inc DLR Digital Realty Trust Inc BAX Baxter Intl PCAR PACCAR Inc ABC AmeriSourceBergen Corp IRM Iron Mountain Inc BZH Beazer Homes USA GNRC Generac Holdings Inc WSH Willis Group Holdings PLC
Bearish Short-Side Setups
FTI FMC Technologies RRC Range Resources UA Under Armour Inc
Dave Mecklenburg is Publisher of TigerSharkTrading.com.
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