Here is another video, this one on a downside trap gap. It goes well with the original.
Brandon
http://www.brandonfredrickson.com/videos/ctsx.html
Brandon
http://www.brandonfredrickson.com/videos/ctsx.html
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Short Term Trading w/ Gaps
- Thread starter Brandonf
- Start date
Quote from Brandonf:
Here is another video, this one on a downside trap gap. It goes well with the original.
Brandon
http://www.brandonfredrickson.com/videos/ctsx.html
I ended up closing CTXS as a daytrade with a $1.00 profit. This was off a risk of just over 20 cents on a stock the normally does not move much more than 40 go 60 cents a day, but traps can unleash massive moves and this one did.
Brandon
Quote from Brandonf:
People have asked for some current stocks that might meet the criteria for the video I put (http://www.brandonfredrickson.com/gaps.html) up last night.
Here are a couple. BBY, LPNT, ESL, TALX, HD, CTCO.
Brandon
Those all seemed to go well since the time you posted them.
Could you post some more?
There has not been much as of late on this particular play for me. Simply because I have become pretty cautious on the overall market and what I have seen has been a number of them fail, for example look at CHE which gapped up nicely yesterday then has failed miserably today. I think that its important you have the market with you as well.
Brandon
Brandon