Live Trading Room Stock Setups For April 29 |
By Dave Mecklenburg |
Published
04/26/2013
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Stocks
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Unrated
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Live Trading Room Stock Setups For April 29
The day's trading was a bit of a grind. A losing day on the whole, but we rode two winning trades into the close to make back some of the losses.
ESRX LONG 57.64 57.95 $0.31 Exit end of day. KORS LONG 55.88 55.57 $(0.31) LVS LONG 56.00 56.20 $0.20 Exit end of day. ABC SHORT 53.11 53.11 $- PTEN SHORT 20.90 21.05 $(0.15) PXP SHORT 44.20 44.37 $(0.17)
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
GNC GNC Holdings Inc HRB Block (H&R) ICON Iconix Brand Group Inc RSG Republic Services Inc TCO Taubman Centers WOOF VCA Antech
Bearish Short-Side Setups
AEM Agnico Eagle Mines CSTR Coinstar Inc DLR Digital Realty Trust Inc IP Intl Paper WY Weyerhaeuser Co
Additional stocks may be posted in the Live Trading Room in the morning. 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.
Dave Mecklenburg is Publisher of TigerSharkTrading.com.
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