Watch list for 03/07/2007
IMPORTANT: Take only the opportunities that you really like and understand. Always enter a trade with a trading plan. If you have any questions, please feel free to ask me. There is a much greater chance of success in your trading if you understand the trade. That is very important. Taking just a few trades is enough to be a successful trader. Overtrading is probably the number one reason new traders fail. I personally mostly take swing trades. Please remember to keep that in mind!!!!!!!!!!!!!!!
LONG:
Swing possibilities (ST-PT)
RJET long above: 20.00, stop under: 19.50 (19.70), target: open ST
Next earning date: May 16, 2007
http://www.ivicacharts.com/diagrams/2007/03072007rjet.jpg
NX long above: 40.50, stop under: 39.00, target: open ST
Next earning date: May 29, 2007
http://www.ivicacharts.com/diagrams/2007/03072007nx.jpg
Day trade possibilities (DT-ST)
GT long above: 28.50, stop under: 28.15, target: 30 areas DT
http://www.ivicacharts.com/diagrams/2007/03072007gt.jpg
SHORT:
Day trade possibilities (DT-ST)
CLE short under: 31.23, stop above: 31.61, target: 30 areas DT-ST
Next earning date: Mar 15, 2007
http://www.ivicacharts.com/diagrams/2007/03072007cle.jpg
Good luck trading today!!!!
Ivica Juracic