TTM Day Trade Retest Gap (Brad Reed May25,2015)If TTM opens below 39.63 consider using the Retest Gap Strategy. To obtain a free and complete stock trading strategy go to www.RealLifeTrading.com
Retestgap
SCI breakouts out on higher volumeSCI is a low priced stock so this makes it easier for those with smaller accounts to trade.
Yesterday saw price break out from the recent pullback. Although price only marginally cleared the recent pivot high it was a bullish bar with higher volume. This pullback looks a little deep but was in fact quite within an acceptable level.
Since breaking though and retesting the 2013 high (at around $20) the uptrend has become more linear. Initially the 50sma was being used as support but now price momentum is much stronger. It is still early days for this trend and, with earnings due to be released on 29th April, it may be worth holding off making a decision on this stock just yet.
CSX Day Trade Retest Gap (Apr14,2015)If CSX opens a bit below 32.71 consider using the Retest Gap strategy. Watch out for potential support at 31.59 To learn to trade this strategy for free go to www.RealLifeTrading.com
SMH Day Trade Retest Gap (Brad Reed Apr6,2015)SMH expected to gap to 53.70 for a Retest Gap. To learn to trade this strategy for free go to www.RealLifeTrading.com
CONN Day Trade Retest Gap (Brad Reed Mar27,2015)CONN expected to open at 30.00 for a Retest Gap. Watch out for slightly low volume. To learn to trade this strategy for free go to www.RealLifeTrading.com
OREX Day Trade Retest Gap (Brad Reed Mar27,2015)OREX expected to open at 7.85 for a Retest Gap. To learn to trade this strategy for free go to www.RealLifeTrading.com
YOKU Day Trade Retest Gap (Brad Reed Mar20,2015)YOKU expected to open at 14.69 for a Retest Gap. To learn to trade for free go to www.RealLifeTrading.com