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
Technical Analysis Day Trade Review: Another Day of HUGE PROFITS FOR BLACK SERVICE MEMBERS! LVLT, MTG, HERO
Oct 30, 2008 Day Trading, Small Cap Stock Picks, Technical Analysis
It was another volatile day in the markets as every one was cautious over the FED’s announcement of the 1/2 point rate cut which we all knew would likely happen. Most often the markets sell off on news like this if it is already expected to happen and known in the market. The Stock Market discounts future events that are expected. Its the surprises that spark a huge sudden move in the market. This is known as the buy the rumor sell the news theory.
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We made some Big Trades today for our black service members and pulled in some big gains making this a hugely profitable week. The stocks traded today were LVLT, ARRS, SOLF, MF, MTG, and HERO. I’ll highlight some of the big winners.
Day Trading Stock Pick #1 – LVLT
I bought LVLT yesterday right near the close in hopes that we would see the breakout of the ascending triangle at $1/share today and we sure did. Unfortunately i was planning on buying some more today if price did in fact breakout above $1/share yet slept in about 45 minutues to much and missed the breakout. But at least i still caught it and made an awesome 22% gain. There was horizontal resistance around 1.20/share which is where i wanted to take profits.
Technical Analysis:
Day Trading Stock Pick #2 – MTG
Next stock we tackled was MTG which was breaking out from another ascending triangle pattern (aka: my favorite and most reliable pattern) and i hopped in and alerted black service members to go long at 2.20. Price ramped up quickly on increased volume. I took my profits quick and sold at 2.35 and 2.71 near horizontal resistance. Price ran as high as 3.70 share even! Could have made some huge money on this if you bought on the breakout and sold at the top! But thats the fantasy world, no one does that except very rarely.
Technical Analysis :
We also made a quick trade on HERO bought at 7.05 and sold at 7.32 near the close. I had some excellent looking positions in ARRS, SOLF, and MF moving into the fed announcement yet got stopped out on the volatility after the 1/2 point cut.
arrs -buy: 6.06 Sell:6.12
solf- Buy: 5.12 Sell: 5.06
mf – Buy: 3.35 Sell: 3.27
Tags: arrs, ascending triangle, Day Trading, hero, lvlt, mf, mtg, solf, stock market
Technical Analysis Day Trading Review: LVLT and ITU – Pulled in Some $$$!!
Oct 28, 2008 Day Trading, Small Cap Stock Picks, Technical Analysis
Day Trading Stock Pick #1
LVLT
Was watching this stock along with several other members like semper trader earliar this morning as it was looking strong technically forming a bullish ascending triangle pattern on the intraday chart. Breaking above .90 indicated a likely move to $1/share.
I alerted Black Service members to go long at .90 on the breakout. Price then rallied near 1 where i alerted to sell 1/2 at .99 to lock in some gains as $1/share is a tough area to breach for penny stocks. But when it does it usually results in a quick move to 1.10 to 1.20 /share. Which is still in possible sight for LVLT this week.
I sold the second 1/2 of LVLT at .945 when it broke down the pennant formation and the market was weakening as well.
Technical Analysis :
Day Trading Stock Pick #2
ITU
ITU had another bullish ascending triangle pattern in force with a gap fill in progress that looked like it was on its way to fill on the breakout. I bought at 8.19 on a slight pullback to the 9ema support. Yet with the market weakening the the later 1/2 of the session ITU continued to fall and break down key ascending support areas which lead me to sell at 8.10 for a small 1% loss.
Technical Analysis:
Tags: ascending triangle, Day Trading, intraday chart, ITU, lvlt, Technical Analysis
Day Trading With me And Make Money! Profits on $AAPL, $UAUA, and $PNX
Oct 16, 2008 TTT.net Updates
Who ever said mo money mo problems?!? The more money i have the way less stressed i am and more materialistic things i can buy. Who doesn’t like materials?? Day trading has proven to be a profitable endeavour and its really not that hard. Just have to stay calm, be patient and wait for the right opportunities, and most importantly if the trade isn’t going your way, get out and cut your losses. Today we went 3 for 4 on our day trading stock picks that i alert to Black Service members in Real Time of buy and Sell prices so that they can profit from my trades. So lets take a gander and review todays day trading session.
Day Trading Stock Pick #1 UAUA
UAUA was forming a beautiful looking ascending triangle pattern and price was riding along the short term 13ema trend indicator. I went long at 7.57 on this support as higher lows were telling me this stock is in an uptrend and a breakout is in near sight above 7.75. Truth be told i was right and we broke to the upside where i took profits at 8.04 and 8.38. Sure this stock went up to $10. But you can’t predict that and need to take your profits while you have them in the fast paced day trading world.
Technical Analysis:
Day Trading Stock Pick #2 PNX
We’ve been bank on PNX earliar this week on the short side but now it was time to hop in for some longs and see what kind of money we could make on this side. Early in the morning around the same time as UAUA i hopped into PNX as it was breaking out of short term resistance and went long at 5.42. Price quickly rallied up near the 50ema where i decided to take my profits at 5.72 for a solid gain. I tried going long in this again as the chart was telling me it was going higher and it did, but due to intraday volatility i was stopped out of my position for a small loss. Its essential in trading that you stay disciplined and cut your losses short. Theres no way i could have known for sure that the PNX was going to rally after i got stopped out at 5.59. The important thing is that i stayed disciplined and got out of the trade when it appeared not to be going my way before i lost any more money.
Technical Analysis :
Day Trading Stock Pick #3
And last but not least i went and bought some AAPL. And what do yah know were up on the position. How bout dem AAPL’s! AAPL has sold off a significant amount in this crap of a market so as the market was forming a bullish hammer candle during the session which signifies that a rebound could be in play i went long in a quality stock like AAPL at 96.05. The market then surged later in the day up 400 points bring AAPL to close at 101.89 and it up to 103.30 AH. This position is actually still open with a 6% gain but i intend on selling tomorrow hopefully on a gap open.
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Tags: aapl, ascending triangle, Day Trading, PNX, stocks, Technical Analysis, UAUA
