Looking for this one to retest and short at the VWAP. Nice bearish retest gap. Snagged a small gain on NVDA calls and OCUL bearish short. At around .7R on the day. LIKELY my last trade of the day
I'll leave this open about 20 mins.
If this trade doesn't work, it's because it MIGHT have traded to a target on the daily. Prob will leave this trade open for 20-30 mins or so... If we don't catch it we can cancel. VWAP tgt 1
Feel free to take a picture of this chart on the daily (for a perfect gap) and the 5 min chart as well in the early morning was FLAWLESS. Trying it here
Not sure if this one triggers, but it is more or less, a classic lod (low of day) break out. Looking to short on the retest
The XLU is at, or traded into the previous all time high. Formed a tweezer top on a weekly. GREAT place to sell. Honestly, XLU likely in a channel, distribution phase. Buy low sell high or sell high buy low. Looks like a small H&S pattern on the daily. 50/51 May bear call spread is only 7% roi JUST FYI
Bearish gap. a Few played this in the morning for break even. It's a spinning top on the daily RIGHT NOW, let's see if it can roll lower. If it doesn't quickly we will bail.
Dean and Zane murdered this one earlier. I am trying to be cool like them...
DAKT 7.99 x 8.29 According to Caryn S FOMC mins are released today at 2 pm. Could cause some small spikes. This MIGHT be my last trade of the day. I'm looking for it to work quickly.. : ) If it doesn't possible time stop.
Beautiful location of this gap. I love it. Bearish retest. Earnings are coming up... GMCR looks ROUGH..
Bearish retest gap. MIGHT have already traded to a target (depending on how you draw support)
Stock gaps ALL The time. Therefore the gap on the daily / hour means a bit less, HOWEVER, it is trapping folks. Mentioned earlier this morning, that I would consider it later in the afternoon. A lot of volume in the early morning but I love the candles here on the 15, along with the R:R.