Live Trading Room Stock Setups For August 29 |
By Dave Mecklenburg |
Published
08/28/2013
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Stocks
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Unrated
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Live Trading Room Stock Setups For August 29
Hopefully, we are winding down the end-of-summer grind. It's impossible to predict the next big trending day, but the end of summer going into a holiday weekend it often a good time to a few days vacation.
CCI LONG 70.13 69.95 $(0.18) AON SHORT 68.58 68.75 $(0.17) PNC SHORT 73.08 72.65 $0.43 PRU SHORT 75.20 75.39 $(0.19) STX SHORT 38.91 39.06 $(0.15)
Total of ($0.26) per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be -$260 gross earnings for the day. $6.43 per share for the month. 1000 share per trade would be $6,430 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
CNQ Canadian Natural Resources CRUS Cirrus Logic
Bearish Short-Side Setups
GAS AGL Resources Inc NEM Newmont Mining
Dave Mecklenburg is Publisher of TigerSharkTrading.com.
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