Technical Analysis Day Trading Review: Boo Yah! Banked on ABK and SSCC
Nov 4, 2008 Day Trading, Small Cap Stock Picks, Technical Analysis
Another consistant day of day trading for us here at ttt.net. We went 2 for 3 on our trades today with 2 awesome trades on ABK and SSCC, and took a small loss on DRYS early in the morning on a false breakout. Black Service members banked on these stocks today as well with my Real Time Trade Alerts .
Day Trading Stock Pick #1 : ABK
ABK was set on my watch list which was sent out to Black Service members sunday night and was looking for a move above $3/share on this stock. I went long at 2.83 on the short term breakout of descending resistance line, as well as bought another position at 2.96 when it appeared we were about to bust through $3. I ended up selling near the close at 3.09 as this struggled to maintain its highs and broke down. On the daily chart this stock looks awesome and looks like it could head to $4 which was my initial profit target. Yet with the election tomorrow there could be some erratic volatility in either direction and didn’t want to hold over night. So i will be watching ABK closely tomorrow for another trade.
technical analysis
Day Trading Stock Pick #2 : SSCC
SSCC was also a stock i posted on the watch list i sent out sunday night to keep an eye out on. I alerted Black Service members to go long in this stock on the breakout above 1.40. Price rallied pretty hard for the short term yet lost momentun as the market was pretty neautral for most of the day and couldn’t sustain any rallies. I sol at 1.47 on the breakdown of the 5m chart and as failed to hold prices above 1.50.
Technical Analysis :
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Tags: abk, Day Trading, sscc
Bullish Stock Charts and Short Ideas For Monday
Oct 18, 2008 Bullish Stock Charts
ABK
TYY
IAR
eac
gkk
BX
GGP
YGE – look at the forward growth? is there some kind of error on yahoo finance or is this company have huge profits? maybe that’s showing in some asian currency… haven’t looked into it.. but chart looks good too
GU
NGAS
ZOLT* intraday – great looking ascending triangle in formation
GBM
SOLR
LGDI* WOW First decent looking otbb ive seen in ages. George soros owns 11.7m shares of this
These air line stocks have been making a huge run. Shorting opportunities are nearing. Hard to find shares to short tho especially on UAUA.
UAUA
DAL
AMR
LCC
RJET
Tags: abk, Add new tag, Bullish Stock Charts
