Live Trading Room Stock Setups For April 25 |
By Dave Mecklenburg |
Published
04/24/2013
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Stocks
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Unrated
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Live Trading Room Stock Setups For April 25
We saw a good day of trading with Citigroup (C), Fusion-io Inc (FIO), and PNC Financial (PNC) hitting their targets inside the pivot. Harley-Davidson (HOG) did reach the pivot just before the close, but I close trades no later than two minutes from the market close.
The Live Trading Room is open on Thursday, unless there is a techinical problem. The room opens at the opening bell. There is no pre-market analysis or chat, because pre-market data has no effect on how or what I will trade. There are typically no trades within the first 15 minutes of the market session. Request your free invitation to the trading room here.
C LONG 46.96 47.36 $0.40 DD LONG 52.70 52.48 $(0.22) DD LONG 52.64 52.72 $0.08 Exit end of day. EDU LONG 18.71 18.60 $(0.11) EMR LONG 55.14 55.14 $- EMR LONG 55.19 55.34 $0.15 Trail hit. FIO LONG 16.44 17.22 $0.78 HOG LONG 52.63 52.44 $(0.19) HOG LONG 52.52 53.04 $0.52 Exit end of day. PNC LONG 67.58 67.98 $0.40
Total of $1.81 per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be $1,810 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
AVT Avnet, Inc CCJ Cameco Corp L Loews Corp LNC Lincoln Natl Corp MOS The Mosaic Company (New) MSFT Microsoft Corp
Bearish Short-Side Setups
CTSH Cognizant Tech Solutions GIS Genl Mills K Kellogg Co LLY Lilly (Eli) MDCO Medicines Co
Most stocks posted in the Live Trading Room Thursday morning.
Dave Mecklenburg is Publisher of TigerSharkTrading.com.
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