RIMM (above) beat estimates after the close and was trading up $11+ at $60-61. I always feel cheated when I daytrade a stock (long in this case) and it jumps big after the close. Oh well, I got a piece of the action with small risk.
Kamis, 02 April 2009
Path of Least Resistance - Up
With the gap up in the indices on Thursday, longs setups were abundant from both my WL and from gapper scans. Here are a couple of gappers that were also on my WL. Initial setups in both were based on Fib levels drawn with respect to the 30min OR. Both were closed at the 62% extension of the OR.


RIMM (above) beat estimates after the close and was trading up $11+ at $60-61. I always feel cheated when I daytrade a stock (long in this case) and it jumps big after the close. Oh well, I got a piece of the action with small risk.
RIMM (above) beat estimates after the close and was trading up $11+ at $60-61. I always feel cheated when I daytrade a stock (long in this case) and it jumps big after the close. Oh well, I got a piece of the action with small risk.
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