BABA sentiment after gapThe bearish gap down was below the all time low. STRONG support for BABA is breaking. If BABA moves below $70.71, HUGE chance it moves lower. If BABA breaks 23.56, I'll be SLIGHTLY more bullish than bearish, expecting some kind of retest on the daily.
We did try and trade BABA today bearish - and lost on it. We will see what happens from here!
#bracket trade
Reallifetrading
BB squeeze on LOCOI do like this trade a lot. There is some "interesting" support from early 2015 which LOCO could pause at for a bit. Don't be chicken to take this trade though. Nice squeeze, there is a gap down. Likely going to play this with shares because options do not move that well on LOCO...
HTZ possible bear call spreadSpread is above strong resistance and the 100 SMA. The covered call is if you are in shares...
LNKD Swing Trade (Brad Reed May29,2015)The BBand squeeze in March would have worked out nicely and some may still be in that bearish trade. A strong bearish move below 185 would be a likely entry and 155.00 as a first target.
BIG Swing Trade (Brad Reed May29,2015)BIG bearish. Watch for some support around 42.00 but I think it has a great chance of making it to 38.28
TIF Day Trade Gap N Go (Brad Reed May27,2015)If TIF opens above 92.10 consider using the Gap N Go Strategy. To get a free and complete trading education go to www.RealLifeTrading.com
COH Day Trade Retest Gap (Brad Reed May27,2015)If COH opens below 35.65 consider using the Retest Gap. Michele Duffy found this one, and I think it is awesome. To get a free and complete trading education go to www.RealLifeTrading.com
WDAY Day Trade Gap N Go (Brad Reed May 27,2015)If WDAY opens below 85.80 consider using the Gap N Go strategy. Be aware of pivot point at 84.17 To get a free and complete trading education go to www.RealLifeTrading.com
TIVO Earnings Gap Plan (Brad Reed May26,2015)If TIVO gaps below 10.27 consider using the Retest Gap strategy. If it gaps above 11.00 consider using the Gap N Go strategy. To get a free and complete trading education go to www.RealLifeTrading.com
CHS Earnings Gap Plan (Brad Reed May26,2015)If CHS gaps below 16.59 consider using the Retest Gap strategy but watch out for 200sma on daily. If it gaps above 17.39 consider using the Gap N Go strategy. To get a free and complete trading education go to www.RealLifeTrading.com
DSW Earnings Gap Plan (Brad Reed May26,2015)If DSW gaps below 34.02 consider using the Retest Gap strategy. If it gaps above 36.87 consider using the Gap N Go strategy. To get a free and complete trading education go to www.RealLifeTrading.com