Live Trading Room Stock Setups For August 28 |
By Dave Mecklenburg |
Published
08/27/2013
|
Stocks
|
Unrated
|
|
Live Trading Room Stock Setups For August 28
A gap-and-go to the downside made it hard to find many opportunities, with short-side stocks too extended to find entries. The only setups were long-side trades that were stopped out. We're experiencing a drawdown as we push through the end of summer.
ARIA LONG 18.96 18.73 $(0.23) HCA LONG 38.60 38.44 $(0.16) HCA LONG 38.55 38.42 $(0.13)
Total of ($0.52) per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be -$520 gross earnings for the day. $6.69 per share for the month. 1000 share per trade would be $6,690 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
CCI Crown Castle Intl DLR Digital Realty Trust Inc
Bearish Short-Side Setups
AON Aon Plc AXP American Express Company
Dave Mecklenburg is Publisher of TigerSharkTrading.com.
|