SHAW was good for a quick 15 minute trade today. Short opportunity was below $34.89 and the momentum seemed to be running out at about $34.74. Not a lot, but keeping profits are the way to trading success.
Learn how to trade the high probability intraday and daily stock bounce strategy
Thursday, March 24, 2011
SHAW Intraday Reverse Bounce
SHAW was good for a quick 15 minute trade today. Short opportunity was below $34.89 and the momentum seemed to be running out at about $34.74. Not a lot, but keeping profits are the way to trading success.
Watching SHAW
SHAW looks good for a possible reverse bounce below $34.89.
Watching NVDA
Could run some more if it breaks above $19.41. Could fall if it breaks below $19.26.
Wednesday, March 23, 2011
Daily Bouncer Watchlist for 3/24/2011
Here is a list of possible bouncers for Thursday.
CHBT - Bounce play above $7.89, continuation play below $7.42
GLBL - Reverse bounce play below $8.75, I don't like the continuation play.
HGG - Bounce play above $13.35, continuation play below $13.01
EROC - Reverse bounce play below $10.15, continuation play above $10.35
BAS - Reverse bounce play below $23.69, continuation play above $24.32
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