Live Trading Room Stock Setups For September 30 |
By Dave Mecklenburg |
Published
09/27/2013
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Stocks
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Unrated
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Live Trading Room Stock Setups For September 30
We're still seeing a lack of follow-through. We'll stick to our setups, follow the rules, and take what the market gives us.
EBAY LONG 56.04 56.04 $- EBAY LONG 56.10 55.97 $(0.13) RLGY SHORT 43.12 42.83 $0.29 Exit end of day. TSO SHORT 44.85 45.04 $(0.19) TSO SHORT 44.87 44.72 $0.15 Exit end of day.
Total of $0.12 per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be $120 gross earnings for the day. $3.99 per share for the month. 1000 share per trade would be $3,990 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
CAR Avis Budget Group DKS Dick's Sporting Goods
Bearish Short-Side Setups
CTXS Citrix Systems HMSY HMS Holdings
Dave Mecklenburg is Publisher of TigerSharkTrading.com.
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