Category Archives: Gap plays

QQQ update and TraderHank’s play in TEVA

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The market opened neutral this morning and immediately set the high at 65.97 and has drifted lower in a narrow range.  A low of 65.61 was set at 11:30 which looks to be the low of the range for today. … Continue reading

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QQQ update and TraderHank’s play in RIG

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Boy it’s been hard to get back into the swing of things since I took most of last week off to cook our families Thanksgiving day feast.  It’s been a struggle all week and it looks like today is going … Continue reading

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QQQ update and TraderHank’s trade in XOM

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The market gaped up big time this morning leaving Friday’s high behind and establishing a new 5 minute uptrend.  Basically a gap and go day if played you should have had a home run early this morning.  My play was … Continue reading

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QQQ update and TraderHank’s play in KLAC

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The Q’s opened neutral and rallied the first 5 minutes setting the high of the day @ 9:35 at 62.49, then we sold off taking out the low from yesterday confirming our continued down trend in the market.  The Q’s … Continue reading

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TraderHank’s short play in the market QQQ

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At 10:05 the Q’s had filled the gap, retested this area of Minor support twice putting in twin topping tails on the 5 minute chart and triggering a 5 minute sell in the market.  My pre-market instructions where to take … Continue reading

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TraderHank’s short play in RIG

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My next play was in RIG after it had gaped down under 3 days of consolidation seen here on the 60 minute chart… 60 min chart of RIG As price action filled the gap I took the first 5 minute … Continue reading

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QQQ update and TraderHank’s short play in MSFT

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The QQQ gaped down and opened putting in the low of the day at 62.78 and proceeded to fill the gap.  After filling the gap at 10:10 am the Q’s started to sell off until making a higher low at … Continue reading

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QQQ update and TraderHank’s long play in CELG

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The market QQQ gaped up this morning and immediately set the high at 63.87 which  was the prior pivot high on Friday and at an area of Major resistance.  The Q’s then sold off setting the low of the day … Continue reading

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QQQ update and TraderHank’s short play in LOW

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TGIF – The market opened on the low, 63.16, of the day so far and has rallied up into the prior high pivot area from yesterday 63.64 @ 10:30 am.  If we continue higher, the current 5 minute down trend … Continue reading

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QQQ update and TraderHanks first trade in QCOM

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The market (QQQ) opened up neutral today and rallied up to the high of Wednesday’s afternoon base and triggered a sell setup at 9:50 am.  The market basically sold off the rest of the day with every pull back to … Continue reading

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