Live Trading Room Stock Setups For October 7 |
By Dave Mecklenburg |
Published
10/4/2013
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Stocks
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Unrated
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Live Trading Room Stock Setups For October 7
Not many chances today. Two quick losers, and nothing else.
DD SHORT 58.10 58.29 $(0.19) IMAX SHORT 26.67 26.76 $(0.09)
Total of ($0.28) per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be -$280 gross earnings for the day. $1.81 per share for the month. 1000 share per trade would be $1,810 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 list of setups is below. Complete list is sent to subscribers.
Bullish Long-Side Setups
AET Aetna Inc ALL Allstate Corp
Bearish Short-Side Setups
ALB Albemarle Corp AREX Approach Resources Inc
Dave Mecklenburg is Publisher of TigerSharkTrading.com.
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