Live Trading Room Stock Setups For April 19 |
By Dave Mecklenburg |
Published
04/18/2013
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Stocks
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Unrated
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Live Trading Room Stock Setups For April 19
Probably a good day to have a technical glitch with the live trading room. There was limited good trading action for our setups, and the day was mostly a wash.
As always, we will stay discplined and let the trades come to us. No trading because you are bored. There will be winning days, losing days, and boring days. Stay positive and wired for the good days.
DG LONG 51.38 51.09 $(0.29) HAL SHORT 38.11 37.87 $0.24 Trail hit. OIS SHORT 73.38 73.38 $- OIS SHORT 73.45 73.45 $-
Total of ($0.05) per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be -$50 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. Request your free invitation here.
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
BEAM Beam Inc. PENN Penn National Gaming RRC Range Resources UPL Ultra Petroleum Corp
Bearish Short-Side Setups
AVGO Avago Technologies Ltd BAX Baxter Intl CAVM Cavium, Inc. DISCA Discovery Communications Inc LHO Lasalle Hotel Properties LLY Lilly (Eli) MS Morgan Stanley RAX Rackspace Hosting Inc SNDK SanDisk Corp SPLK Splunk Inc TDC Teradata Corp VMW VMWARE Inc
Dave Mecklenburg is Publisher of TigerSharkTrading.com.
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