It really depends! I Have been doing gap up plays for all my overnight holdings, meaning Sell the next day as a momentum play. Right now I am just testing the water shorting all these weak names who hasn't been benefiting from this rally and see what happens.
Good luck with your shorts tomorrow. I see the obvious patterns in all 3 with proper volume correlation and everything, with the exception of DNR? What is it that you see in DNR about its specific chart that makes you like it because the volume pattern is confusing to me.
4 comments:
Hey man, what is the typical holding time for your swings? Do you look to sell the next day or are they generally holds for a few days?
Thanks!
It really depends! I Have been doing gap up plays for all my overnight holdings, meaning Sell the next day as a momentum play. Right now I am just testing the water shorting all these weak names who hasn't been benefiting from this rally and see what happens.
Good luck with your shorts tomorrow. I see the obvious patterns in all 3 with proper volume correlation and everything, with the exception of DNR? What is it that you see in DNR about its specific chart that makes you like it because the volume pattern is confusing to me.
thx
Ben - see my post update!
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