Live Trading Room Stock Setups For September 27 |
By Dave Mecklenburg |
Published
09/26/2013
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Stocks
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Unrated
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Live Trading Room Stock Setups For September 27
It was a brutal day of trading. Not one trade made money today. We'll shake it off, and get ready for tomorrow.
EDU LONG 24.78 24.78 $- P LONG 25.19 25.19 $- RCL LONG 38.69 38.52 $(0.17) RCL LONG 38.71 38.56 $(0.15) STX LONG 43.24 42.96 $(0.28) STX LONG 43.22 43.08 $(0.14) JWN SHORT 56.52 56.55 $(0.03) Exit end of day. M SHORT 43.04 43.23 $(0.19) M SHORT 43.06 43.30 $(0.24) Exit end of day.
Total of ($1.20) per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be -$1200 gross earnings for the day. $3.87 per share for the month. 1000 share per trade would be $3,870 gross earnings 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 DISCA Discovery Communications Inc
Bearish Short-Side Setups
AGO Assured Guaranty ANF Abercrombie & Fitch Co'A'
Dave Mecklenburg is Publisher of TigerSharkTrading.com.
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