Jamie, thanks for for smut delete. I keep forgetting to draw trendlines like you do. Financials up commodities dn. From Briefing WL: trow zion ewbc(naz only). In sink with SP reversal. Wow! No pos.
Jamie took the today (Friday) off. I took three trades today - one was a scratch and the two profitable trades were:
TRMB - gap up that formed a nice tight pattern mid-day on the 15min with 5ema support. It never closed below the 5ema and I closed it near EOD.
CF - a little sloppy intraday, but a real gem from the daily perspective. The gap down tested a key daily PP, and it was up from there. I managed to take almost $3 from the loose action.
QCOM was an earnings play. Long on a B&B above the previous day highs.
VDSI was a gap down and a long wait until the bear flag broke out, similar to my ABX trade yesterday.
7 comments:
CRDN, cup and handle on daily chart?
Jamie, thanks for for smut delete. I keep forgetting to draw trendlines like you do. Financials up commodities dn. From Briefing WL: trow zion ewbc(naz only). In sink with SP reversal. Wow! No pos.
Anon,
Yes, break out started yesterday.
BL,
Trend lines helpful for these types of setups, but I keep have to redraw as pattern develops.
Jamie took the today (Friday) off. I took three trades today - one was a scratch and the two profitable trades were:
TRMB - gap up that formed a nice tight pattern mid-day on the 15min with 5ema support. It never closed below the 5ema and I closed it near EOD.
CF - a little sloppy intraday, but a real gem from the daily perspective. The gap down tested a key daily PP, and it was up from there. I managed to take almost $3 from the loose action.
Nice work Jim,
TRMB was a beaut. I'm going to add it to my WL to replace CROX, which more or less a dead stock.
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