The ACOR TRADE

What a crazy day today. I traded whole bunch of securities such as... Long PARD SOMX GNVC and Short AIG...etc but one of the most exciting trade was ticker $ACOR.

FDA approval news came out around 3:35 ET. I immediately pull up both 5min/1min chart of ACOR anticipating a secondary breakout. After 17 mins of consolidation from the initial spike-up the stock was setting up for a breakout again, which triggered my buy at $27.41 (3:52ET) and sell $29.18 (3:53ET) in less than a minute.

Trading ideas for Jan 22, 2010

SHORTS: REV ORA AM

REV


ORA


AM

CPWR update

CPWR manage to make a 2%+ gain on a day with Dow dropping 200+ points and Vix spiked nearly 20%. This is why you only want to trade the best setup because you will either minimize your losses or you will bank coins but you will never lose your shirt. Let's take a look at the chart.

CPWR Premarket chart


Aftermarket Chart

Pre-Market Movers..

I have been watching these two names very closely. Please pay close attention to the levels drawn on these charts.

KERX

Like it above $3.00


SNSS

Like it above $1.53.


Update ===========

KEY also looking good this morning. The stock brokeout of multimonth resistance in premarket trading. (See chart below)

Trading ideas for Jan 21, 2010

LONG: CBL CPWR
SHORT: DCP RBA

LONGS:
CBL


CPWR


SHORTS:
DCP


RBA

UTSI setup

Watch $2.50 breakout

Trading ideas for Jan 20, 2010

LONG: WAMKQ OSIR KMKCF SBGI

Pay attention to this one. A break above $2.50 should take off.



Other long setups

OSIR


KMKCF


SBGI


Short: PIKE

PIKE

LEE SETUP

CHTP setup

Trading Ideas for Jan 19, 2010

LONG: TTIL



SHORT: AIG EJ CRIC

AIG


CRIC


EJ

POWER OF TECHNICAL ANALYSIS: NLS WINS!

Alert at 2.23

Closing Price 2.54

NLS SETUP

Trading ideas for Jan 15, 2010

Pay attention to that $28.00 breakdown. I am expecting a spike down if $28.00 breaks-down on heavy volume. I am not saying it "will" happen but be prepared when it does.

AIG


KERX

Power of Technical Analysis: $GKK Wins

Gave out $GKK alert this morning. Ascending triangle is one of the most powerful breakout patterns. Next time if you see this kind of setup, please just go long and don't even think twice.

Jan 14, 2010 Pre-market chart


Jan 14, 2010 Closing Chart update.


Cannot complain an 18% gain in one day.

GSIT setup

Watch for $5.50 breakout.

Premarket Movers!!

SNSS ETRM

SNSS

ETRM

Trading idea for JAN 14, 2009

Click here to watch it in Slice Show form.



Long: ATEC AYSI FMD GKK LCC NENG ROYL

ATEC


AYSI


FMD


GKK


LCC


NENG


ROYL


I would pay close attention to GKK ATEC(Low Volume) and LCC, these three names setup looks ultra bullish! Good Luck folks.

CYTR CHART update

Got mad drunk last night, my bad for the chart delay.

Overnight position

Long: CYTR


Will update chart tonight.

Trading idea - Jan 12, 2010

AXAS