Wide-Range Setups For October 9 |
By Dave Mecklenburg |
Published
10/8/2013
|
Stocks
|
Unrated
|
|
Wide-Range Setups For October 9
There were a few great pivot-to-pivot moves that we missed out on because the spreads were wide or the stops were too big. We won't worry about that. We always concern ourselves with the
INVN LONG 18.85 19.15 $0.30 Exit end of day.
Total of $0.30 per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be $300 gross earnings for the day. $1.09 per share for the month. 1000 share per trade would be $1,090 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
NONE
Bearish Short-Side Setups
AEM Agnico Eagle Mines Ltd CLF Cliffs Natural Resources Inc
Dave Mecklenburg is Publisher of TigerSharkTrading.com.
|