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Live Trading Room Stock Setups For April 12
By Dave Mecklenburg | Published  04/11/2013 | Stocks | Unrated
Live Trading Room Stock Setups For April 12

He had a dull morning of trading with limited ranges, wide spreads, and stops that were too big. It took a while, but we finally had six trades trigger, two of which went to the target.

DHR LONG 61.89 61.94 $0.05 Exit end of day.
GNC LONG 43.22 43.67 $0.45
ILMI LONG 57.87 58.06 $0.19 Trail hit.
MSI LONG 64.30 64.69 $0.39
R LONG 61.81 61.81 $-
R LONG 61.83 61.64 $(0.19)

Total of $0.89 per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be $890 gross earnings for the day.

Wide-range bar setups for the next trading day. The day trade setup is only good for the upcoming trading session. Additional setups may be available in the live trading room. Email support for a free password.

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.

Bullish Long-Side Setups

A Agilent Technologies
ANN Ann Taylor Stores Corporation
EL Lauder (Estee) Co
FIS Fidelity National Information
GM General Motors Company
GME Gamestop Corp 'A'
HCA HCA Holdings Inc
ITW Illinois Tool Works
KORS Michael Kors Holdings, Ltd.
OIS Oil States Intl
PLD ProLogis Inc
TJX TJX Companies
UHS Univl Health Svs'B'

Bearish Short-Side Setups

HFC HollyFrontier Corporation
KKR KKR & Co L.P.
EAT Brinker Intl Inc
WSM Williams-Sonoma
BBBY Bed Bath & Beyond
JOY Joy Global, Inc.

Dave Mecklenburg is Publisher of TigerSharkTrading.com.