Technical Analysis Day Trading: Big Gains on EXM, XL, and DSX!!
Dec 10, 2008 Day Trading, Small Cap Stock Picks, Technical Analysis
Today was another awesome trading session to add to this weeks profits as we went 3 for 3 on our trades and banked some nice gains while still speculating on EXM and DSX to fall tomorrow and continue watch our money tree grow. If you want to come profit with us, get my real time trade alerts via live video, chat, and email. Take advantage of the $99 for 3 months holiday special plan! Thats a steal!
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Stock picks EXM and DSX :
The shippers have been blowing up the past week or so and i have been looking for some potential opportunities to go short in them and i think today might just be the day to do so . I day traded both EXM and DSX on the short side for positive gains but still holding some 1/4 positions over night to see what they have in store for us tomorrow and possibly the rest of the week. Both are oversold and forming bearish candles right near resistance levels indicating this is could be the beginning of a pullback
Technical Analysis
EXM:
DSX:
Last trade we banked on was XL which Black Service member (Semper Trader) brought up earliar this morning in the chat room after the stock tanked on rumors of bankruptcy but then rallied once XL announced these accusations were fasle. I alerted black service members to go long at 3.34 on the breakout of the ascending triangle and exited shortly after at 3.54. XL surpassed 4 but you gotta take your profits quick as the directional movement and turn on a dime.
Tags: ascending triangle, Day Trading, dsx, exm, shippers, Technical Analysis, XL
