| Live Trading Room Stock Setups For April 24 |
| By Dave Mecklenburg |
Published
04/23/2013
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Stocks
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Unrated
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Live Trading Room Stock Setups For April 24
Article updated 5:20 PDT. Removed CPRT and TMK from watch list.
My Internet went out an hour before the market open and still is not working. A technician won't stop by to fix the Internet until lunchtime Wednesday, so let's plan on the Live Trading Room being closed another day. I'll give a status report on any technical issues in tomorrow's watch list.
I have prepared my MetaStock scan as always. I can't use my TradeStation on unsecure wi-fi, so this is a tentative list. I perform some extra analysis in TradeStation on my Live Trading Room list, mostly to narrow down the list by a few stocks. If my Internet is working later tonight, I'll update the list, so check back in the morning to see if I made changes. It will be clear if any changes were made.
I'll issue new passwords to the Live Trading Room after my Internet has been fixed.
UTHR LONG 61.49 61.37 $(0.12)
Total of ($0.12) per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be -$120 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.
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
C Citigroup Inc DD Dupont(E.I.)Denemours EDU Oriental Educ & Tech Group EMR Emerson Electric Co FIO Fusion-io Inc HOG Harley-Davidson INCY Incyte Corp MWE Markwest Energy Ptnrs L.P. PNC PNC Financial Services Group WDC Western Digital
Bearish Short-Side Setups
GCI Gannett Co R Ryder System
Dave Mecklenburg is Publisher of TigerSharkTrading.com.
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