swing-day trading US stocks

Hi,

We got another range trading day, a total of 38 points movement in the DOW. This is very difficult for equity traders because of a narrow range and intraday action without a trend is always higher risk. On the other side, stock traders had a very nice day Individual names gave us nice moves (JRCC, THQI, NBIX, ESLR, SONE, AMAT, MAC etc). Risk for today will stay the same as yesterday.

Today I will again look for “own way” swing trades and day trades as
AMAT
http://www.ivicacharts.com/diagrams/2007/04102007amat.jpg
http://www.ivicacharts.com/diagrams/2007/04102007amat5.jpg

ESLR
http://www.ivicacharts.com/diagrams/2007/04102007eslr.jpg
http://www.ivicacharts.com/diagrams/2007/04102007eslr15.jpg

Those who took SONE can move stop to breakeven area. I will look for 7-target area.
http://www.ivicacharts.com/diagrams...4102007sone.jpg
http://www.ivicacharts.com/diagrams/2007/04112007sone.jpg

Here are few ideas for 04/11/2007
http://www.ivicacharts.com/diagrams/2007/04112007au.jpg
http://www.ivicacharts.com/diagrams/2007/04112007fis.jpg

Wish you good trading day
Ivica
 
Swing trade results (9-13 April)

FCX - entered ($63.30) swing trade exit ($70.45) plus $7.15 (11.30%, 3.58 r/r)
http://www.ivicacharts.com/diagrams/2007/03262007fcx.jpg
http://www.ivicacharts.com/diagrams/2007/04162007fcx.jpg

HSP - entered ($39.65) swing trade exit ($40,45) plus $0.80 (2.02%, 2.00r/r)
http://www.ivicacharts.com/diagrams/2007/03282007hsp.jpg
http://www.ivicacharts.com/diagrams/2007/04162007hsp.jpg

JRCC - entered ($7.64) swing trade exit ($9.15) plus $1.51 (19.76%, 5.21 r/r)
http://www.ivicacharts.com/diagrams/2007/04022007jrcc.jpg
http://www.ivicacharts.com/diagrams/2007/04102007jrcc.jpg

SWN - entered ($41.62) swing trade exit ($43.45) plus $1.83 (4.40%, 2.10 r/r)
http://www.ivicacharts.com/diagrams/2007/04032007swn.jpg
http://www.ivicacharts.com/diagrams/2007/04162007swn.jpg

THQI - entered ($34.55) swing trade exit ($36.00) plus $1.45 (4.20%, 1.38 r/r)
http://www.ivicacharts.com/diagrams/2007/04042007thqi.jpg
http://www.ivicacharts.com/diagrams/2007/04162007thqi.jpg

MSCC - entered ($21.55) swing trade exit ($23.00) plus $1.45 (6.73%, 4.83r/r)
http://www.ivicacharts.com/diagrams/2007/04042007mscc.jpg
http://www.ivicacharts.com/diagrams/2007/04102007mscc.jpg

NBIX - entered ($12.65) swing trade exit ($13.97) plus $1.32 (10.43%, 5.28r/r)
http://www.ivicacharts.com/diagrams/2007/04042007nbix.jpg
http://www.ivicacharts.com/diagrams/2007/04162007nbix.jpg

PRX - entered ($26.15) swing trade exit ($27.05) plus $0.90 (3.44%, 2.57r/r)
http://www.ivicacharts.com/diagrams/2007/04092007prx.jpg
http://www.ivicacharts.com/diagrams/2007/04162007prx.jpg

TEX - entered ($73.10) swing trade exit ($72.30) minus $0.80
http://www.ivicacharts.com/diagrams/2007/04092007tex.jpg

BWA - entered ($76.42) swing trade exit ($74.00) minus $2.42
http://www.ivicacharts.com/diagrams/2007/04102007bwa.jpg

THO - entered ($40.04) swing trade exit ($40.67) plus $0.63 (1.57%, 3.32r/r)
http://www.ivicacharts.com/diagrams/2007/04112007tho.jpg
http://www.ivicacharts.com/diagrams/2007/04122007tho.jpg

GGP - entered ($63.85) swing trade exit ($62.50) plus $1.35 (2.11%, 4.50 r/r)
http://www.ivicacharts.com/diagrams/2007/04112007ggp.jpg
http://www.ivicacharts.com/diagrams/2007/04122007ggp.jpg

DD - entered ($48.65) swing trade exit ($49.40) minus $0.75
http://www.ivicacharts.com/diagrams/2007/04112007dd.jpg

DHI - entered ($21.45) swing trade exit ($21.75) minus $0.30
http://www.ivicacharts.com/diagrams/2007/04112007dhi.jpg


Ivica Juracic
 
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