Break Away Gaps:

A breakaway gap happens at the end of a stock trading pattern and signal the beginning of a new trend. Below are some examples of breakaway gaps (mostly gap down) and how they usually continue in the direction of the gap.

Examples: DRIV OSIR STEC STT

DRIV


OSIR


STEC


STT



More Break away gap plays:

ARO CVS ELMG PSYS FUN SMSI STEC FRED AONE ANDE APOL TRLG

ANDE


APOL


ARO


CVS


ELMG


FRED


FUN


PSYS


SMSI


TRLG

AIG intraday update

This is what I see: Bought 38.58 right at the high of day breakout.

AIG trade this morning

Bought at 37.44, I will ride it until the tendline cracks.

TRLG intraday update

Watch out for a breakdown.

AONE intraday update

Intraday ST forming

ACAS setup

STP setup

Watch that $13.40 level.

GNVC setup

I AM BACK.... and other news.. Long / Short Trading ideas.

MY APOLOGY for taking a LOOOOooooNG vacation. I have been sick since I got back and therefore I failed to write or twit yesterday. (Hope it's not Swine flu) People keep telling me whatever happens in Vegas stays in Vegas (but NOT THIS DAMN FLU I Caught.)

Anyway, Here are some Long / Short Trading ideas

View Charts in slide show form here.



LONG vg

SHORT sone txrh aone gva gmr ener syna mnta shen rst cyou zran

LONG

VG


SHORT

AONE


CYOU


ENER


GMR


GVA


MNTA


RST


SHEN


SONE


SYNA


TXRH


ZRAN

Vegas Here I COME!!!

I bought the dip on CNOA today (Doesn't make sense technically). Well, I have been holding since $0.55 so I got a lot of buffer. Anyway, I'm off to vegas for the rest of the week. Hope you guys bank it for me while I am gone.

Twitter me (@tradermarket247) or email me (tradermarket247@gmail.com) if you guys have any questions. I'll still watch the market while in Vegas.

SPX update

TKO SETUP

Would give it a shot if it breaksout previous high with volume. Very Bullish setup so far.

CASH IS KING!

I am going into Cash overnight, it is time to step back and see where market is going from here. Keep your powder dry and let the trade come to you.

and (THANK GOD NXTH brokedown! That thing was bothering me every single day.)

STEC update

Getting close to support, I covered my short around 22.01 will revisit later. (Always Protect Gains)

CTDC Setup

Did not have time this morning to chart CTDC (Very busying buying the stock, but I did send out a twitter alert) Here is the chart:

QTWW setup

Overnight position!

I did not expect $STP to drop this far this fast today. Therefore, I covered half of my Short positions from $13.95 (Always protect gains) then kept the after half overnight and see what happens. Hope some of you caught my Twitter Alert and shorted AIG AONE STP with me.( Follow me on twitter to get instant market/stock pick updates.)

US DOLLAR Due for a BOUNCE?$$$$$$

CHEAPIE PLAY!! CPTC

Sell if breaks below $0.44 Otherwise this is looking good to me.(Low risk entry)

Overnight position chart updates / LONG & SHORT Trading ideas

You can view all OCT 26's charts in slide show form here.

Overnight position chart update:

STEC (SHORT)


LONG & SHORT Trading Ideas: (Remember Always check for earnings)

LONG: AKRX OCLR RAMS
SHORT: BSX CKSW OSIR STC STP ZRAN

LONG

ARKX


OCLR


RAMS


SHORT

BSX


CKSW


OSIR


STC


STP


ZRAN