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Reallifetrading

AA- The start of earning s season- Gap play possiblitiesGap Season is starting with AA posting earnings.Since AA has trade bullish the last 4 days a gap down below 14.85 would be a possible Gan n Go trade (enter the trade in the first few minutes of trading because of criteria met ). I would only trade in the direction of the gap , so if I didn't trade right away i would wait for a pullback and trade bearish (if i can get a decent R : R ) and only risk 1 R. If AA gaps down depending on the location (15.55) might be looking to get in bearish if there is a decent pullback or a perfect entry in the first few candles that it's worth the 1 R risk. Last time AA posted earnings leading up to earnings 10-8 -14 look very similar to the candles leading up to the earning s tomorrow. AA gapped up and then traded down rather aggressively. We are at those same levels who knows? There is a lot i didn't explain mostly because I'm not really the one to be teaching this type of trading but i would love any gap trading input especially fades. If you want to learn more go to www.reallifetrading.com.
NYSE:AA
by Dan.Walsh.Loves.Lous.Sushi.Dow
TSLA May have more room to fall- 27 days ago I stated that 193 could be a bearish target and it hit 193 and bounced off 193 with a huge bullish candle. As expected TSLA has rolled back bearish and is in an area that if it if it trades lower, 193 could be another target. I am going to see what TSLA does intra-day and if there is a nice pullback to short term resistance I will enter 1/2 positions at that point (good R to R). If i get a close below 203.45 may enter another 1/2 with target AT 193. If TSLA CLOSES BELOW 193 ... 178 ISH. Continues to Show lower highs 50 MA about to cross 200 Oss got a little more bearish room Looks like a bounce off the 0 BB Should TSLA bounce bullish not too convinced it's sustainable Continues to Show lower highs...
NASDAQ:TSLAShort
by Dan.Walsh.Loves.Lous.Sushi.Dow
HD- - Rising wedge - looking for bearish break1-9 -15 New trade - 14 days ago I posted the previous chart stating if HD closes above 104 (it may hit bullish targets ) , but look out for a pullback becuase of the ascending wedge. HD traded to the top of the wedge and has given a bearish engulfing on 1/9 . If market continues bearish there could be a nice trade devloping if HD trades below 100.36 Target 96.28 and 87.86. There may be a trade within the wedge but I'm waiting for a close below 100.36 or looking for a bounce bullish above 100.36.
NYSE:HDShort
by Dan.Walsh.Loves.Lous.Sushi.Dow