Live Trading Room Stock Setups For October 8 |
By Dave Mecklenburg |
Published
10/7/2013
|
Stocks
|
Unrated
|
|
Live Trading Room Stock Setups For October 8
Tough day of trading. It's done. Ignore it. Move on for the next day.
AET LONG 65.77 65.66 $(0.11) BMY LONG 47.16 47.16 $- CBS LONG 56.11 55.81 $(0.30) LYB LONG 74.92 74.77 $(0.15) NCR LONG 41.30 41.03 $(0.27) MTH SHORT 41.22 41.41 $(0.19)
Total of ($1.02) per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be -$1,020 gross earnings for the day. $0.79 per share for the month. 1000 share per trade would be $790 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
DLR Digital Realty Trust Inc HCA HCA Holdings Inc
Bearish Short-Side Setups
ACN Accenture PLC (Ireland) NEW DISCA Discovery Communications Inc
Dave Mecklenburg is Publisher of TigerSharkTrading.com.
|