Live Trading Room Stock Setups For August 22 |
By Dave Mecklenburg |
Published
08/21/2013
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Stocks
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Unrated
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Live Trading Room Stock Setups For August 22
A complete wash of a day. The higher volatility, some of it from Fed news, kept knocking us out of trades. There was good and bad luck on the day. We got knocked out of some trades that ultimately went for big gains, and the wider stops kept us out of some bad trades.
AEM LONG 31.79 31.59 $(0.20) BBY LONG 34.26 34.07 $(0.19) CI LONG 77.69 77.69 $- ENDP LONG 38.16 38.55 $0.39 Trail hit. FL LONG 34.80 34.56 $(0.24) HFC LONG 45.25 45.25 $- HFC LONG 45.18 45.18 $- WNR LONG 30.59 30.59 $- AREX SHORT 24.26 24.02 $0.24 Exit end of day. HD SHORT 74.28 74.28 $-
Total of $0.00 per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be $0 gross earnings for the day. $7.86 per share for the month. 1000 share per trade would be $7,860 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
CLDX Celldex Therapeutics Inc CTSH Cognizant Tech Solutions'A'
Bearish Short-Side Setups
ANF Abercrombie & Fitch Co'A' AXP American Express Company
Dave Mecklenburg is Publisher of TigerSharkTrading.com.
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