swing-day trading US stocks

Symbol: NYT

TRADING PLAN

Entry price: under: 16.50

Stop price: above: 17.00

Target area: 15 areas

Chart explanation:

On the daily chart NWL breaking triangle pattern. Blue line is 20sma resistance area and we can see that NWL trying to bounce and I will look for trend continuation. For equal move target area NWL selling pace must be stronger then selling pace in to triangle, and we must watch $15 area as bigger number support area. Because of that $15 area is my primary target area. I will move stop with daily 20sma (simple moving average)

http://www.ivicacharts.com/diagrams/2007/12172007ame.jpg

Wish you all good tradinging week!!!!!

Ivica Juracic
 
Watch ideas: for 12/24/2007

Long:

PTV next earning date: Jan 23, 2008
http://www.ivicacharts.com/diagrams/2007/12242007ptv.jpg

GTI next earning date: Feb 28, 2008 http://www.ivicacharts.com/diagrams/2007/12242007gti.jpg


Short:
FCH next earning date: Feb 21, 2008 http://www.ivicacharts.com/diagrams/2007/12242007fch.jpg

I want to take this opportunity to wish you all a Merry Christmas, and for you who don’t celebrate a happy day off. I wish you all peace and a great time with family and friends. I will back after Christmas and I will spend time with you for the rest of the year.

Wish you all good trading!!!

Ivica
 
Watch ideas: for 12/24/2007

Long:

PTV next earning date: Jan 23, 2008
http://www.ivicacharts.com/diagrams/2007/12242007ptv.jpg

GTI next earning date: Feb 28, 2008 http://www.ivicacharts.com/diagrams/2007/12242007gti.jpg


Short:
FCH next earning date: Feb 21, 2008 http://www.ivicacharts.com/diagrams/2007/12242007fch.jpg

I want to take this opportunity to wish you all a Merry Christmas, and for you who don’t celebrate a happy day off. I wish you all peace and a great time with family and friends. I will back after Christmas and I will spend time with you for the rest of the year.

Wish you all good trading!!!

Ivica
 
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