E1DU34 trade ideas
EDU Support LVLI make stock analyses before the opening, these levels i draw are strong support/resistance and are the most powerfull on the same day. So i use them the moment when the market opens.
You can see somethimes i use 2 - 3 levels because i dont know where the market will open.
when the market open i see witch levels are still valid if it gaps above or under my level this one cannot used anymore.
If price come close to my level i place a limit order.
time frame i use are 5-10 min candles if price close right under or below the level with few penny's its of the table ! my risk reward ratio is 2:1 would be good to use trial these are scalp trades in high illiquidity market conditions !
EDU Still Has PotentialEDU tried to break out after strong earnings before Thursdays blood bath which sunk it under. However, it still has potential as the potential with an average analysts price target of 93.50.
Entry: 83.96- 10 cents above previous high
SL: 82.39
PT: 92.36- 96.55
EDU
EDU beastchinese names have been hot lately I entered at 53 because of the enormous resistance level (top trend line). and strong support(bottom trend line). It's just been beasting and i wouldnt recommend buying after such a big move. Don't need excess indicators ke NYSE:EDU ep it simple.
bad news on EDU? long it nowrecently, there's some bad news on EDU,and the price slipped.but ,its still the NO.1 in its section.
whats more,we can see a strong support @39 ,and oversold in RSI.
so,what about selling Jun monthly 39puts,maybe we can buy this shares under 39$,and keep it until its earnings
EDU - Upward channel breakdown trade from $41.57 to $37.33EDU broken down from a long term upward channel.Retested it & seems rolling over. We think it will be good short from here.
Trade Criteria
Entry Target Criteria- Break of $41.57
Exit Target Criteria- $37.33
Stop Loss Criteria- $43.13
Option: $40 Apr-17 Puts
You can check detailed analysis on EDU in the trading room/ Executive summary link here-
www.youtube.com
Time Span- 10:10"
Trade Status: Pending
EDU Correction is not over yetBased on the slope of the first down wave, there must be another one coming soon. Waiting for a better entry.
EDUDemand zone on daily chart at former resistance, which should give this level further support. Give yourself some extra wiggle room on stop loss with this one.
Entry: $45.31
Stop Loss: 44.49
Target 48.5
Double Bottom EDU TradeAfter forming a double bottom EDU is consolidating a handle. Buy $36.36 on high volume. Great breakout setup if market continues to rally.
EDU Day Trade Retest Gap (Brad Reed Feb24,2015)EDU expected to open at 22.00 for a Retest Gap. To learn this strategy for free go to www.RealLifeTrading.com
