This is a good example of a selling short that fails, although I say that with a grain of salt. I'm not going to short something JUST because it's showing it on the chart. This stock is already falling off about 4% in 30 minutes, so to keep shorting it after 10 am would be
I was at a fire station with my 2 year old and missed this. These don't come around every day!
Self explanatory...yummy.
Nice example...gap up, moves down, back up a bit and then slams through the low of the day after 10 am. See more at www.talesofthedaytrade.blogspot.com Â
Self explanatory...see more at my blog www.talesofthedaytrade.blogspot.com Â
Here is a great example of when a stock gaps up and keeps going up for a good 10% move. Move all over? Look at other things for the day? I think not! If you traded the high of day breakout you'd make another 3-4%. Not bad!!!!
See more at: www.talesofthedaytrade.blogspot.com
Check out 27 charts just like this one on my blog: www.talesofthedaytrade.blogspot.com
Here are some current rules that I am working on for a successful living day trading. I am feeling very confident about my initial stop order, which is really just based many times on the classic 1-2-3 breakout, but sometimes not. I'm interested in a breakout of the high or low of day that is