I didn't make any trade today. Today seems to me a very tricky day for newbies like me. (In my case, it seems like just everyday is tricky!) Anyway, I made some observation throughout the day... and there were a few 'almost traded' scenarios that I want to keep a record, for future reference. (or maybe for your reference too!) I commented directly on the charts. You may click on the chart to enlarge the image if you cannot see my comments clearly.
I'm learning to be selective with my entries. I think I did an 'okay' job today in that aspect!
DWA
- I think Jamie mentioned this stock this morning, and it was also included in Briefing's gapper.
- I have no idea how to trade the big rise up.
- I see a potential Base and Break for Short though.
IPG
- Thought about it but the 5eMA was too far away
LVS
- Both LVS and WYNN had some movements today
- But I decided against it
WYNN
- I'm trying to be very selective (picky) with my entry.
- It appears that I have accomplished my goal for today!