Reallifetrading
HOT Day Trade (Brad Reed Feb10,2015)HOT expected to open at 76.00 for a Gap N Go. Last candle bullish on the hourly. To learn to trade this strategy for free go to www.RealLifeTrading.com
DO Day Trade Retest Gap (Brad Reed Feb9,2015)DO expected to open at 31.40 for a Retest Gap. To learn to trade this strategy for free go to www.RealLifeTrading.com
PCLN - Possible play before earnings2-12 PCLN had a lot of volume on Friday and it gapped down, then trading down the first 2 hours PCLN rallied back leaving a nice bearish candle w/ a long wick. Indicating buying pressure.
Short term- If PCLN gaps up Monday could be a nice day trade. With earning coming in a week I wouldn't stay in the trade too long but it's possible PCLN could trade to 1044 and if PCLN closes above 1051 PCLN could make a strong run before earnings. It's expensive so be careful.
If PCLN closes below 969 bearish but wait till after earning.
Prediction PCLN trades up the next few days then trades back down again just before earnings and earning we get a nice gap up.
P Day Trade Retest Gap (Brad Reed Feb6,2015)If P opens below 15.26 (expected to open at 15.16) will be a nice Retest Gap. To learn to trade this strategy for free go to www.RealLifeTrading.com
GOOGL looking slightly bullishA follow up from this post. powerofthepivot.com
On the daily, GOOGL appears to be in a nice pennant pattern. Great gap and strong buying pressure.
Double bottoms on the hourly chart. Inverted head and shoulders on the daily. Could also consider a longer term bull put spread if it pops.