Live Trading Room Stock Setups For July 17 |
By Dave Mecklenburg |
Published
07/16/2013
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Stocks
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Unrated
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Live Trading Room Stock Setups For July 17
We had another grinding day that was pretty much a wash. Some late strength in ERJ and SCG kept us on the plus side.
AEP LONG 47.17 46.99 $(0.18) BIG LONG 36.06 36.06 $- D LONG 59.43 59.30 $(0.13) D LONG 59.39 59.43 $0.04 Exit end of day. ED LONG 59.83 59.69 $(0.14) ERJ LONG 38.05 38.31 $0.26 Exit end of day. SCG LONG 51.51 51.72 $0.21 Exit end of day. BLMN SHORT 25.32 25.10 $0.22 Trail hit. ROSE SHORT 44.89 45.11 $(0.22)
Total of $0.06 per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be $60 gross earnings for the day. $4.87 per share for the month. 1000 share per trade would be $4,870 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
ANGI Angie's List Inc GG Goldcorp Inc GME Gamestop Corp 'A' HAIN Hain Celestial Group RGLD Royal Gold Inc
Bearish Short-Side Setups
CNW Con-Way Inc CSC Computer Sciences DWA DreamWorks Animation SKG Inc ETN Eaton Corp ICON Iconix Brand Group Inc IR Ingersoll-Rand Plc IRBT iRobot Corporation LULU Lululemon Athletica Inc MOS The Mosaic Company (New) NTRS Northern Trust POT Potash Corp Saskatchewan R Ryder System SNDK SanDisk Corp
Dave Mecklenburg is Publisher of TigerSharkTrading.com.
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