Author Archives: TraderHank

TraderHank’s play of the day in NOV

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Well, I was able to replay NOV short later in the afternoon.  Price action in NOV after dropping hard in the morning started to base at 12:00 noon through the end of lunch at 2:15 pm.  Once I notice that … Continue reading

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HOG play long

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My next play was a 5 minute long play in HOG after a nice run up in price.  Nice looking text book type play with  5 red bars down with a COG then it triggered and I was in, but … Continue reading

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Short play in NTAP

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My next play was a short in NTAP which I also found on my gap list this morning.  Not a Tier I gap, but good enough for a short setup.  I entered on a 2 minute sell but soon after … Continue reading

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QQQ update and TraderHank’s short play in NOV

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The market opened up neutral and set the high of the day by 9:35 @ 66.82 which happened to be at major resistance, then the market sold off hard staying below the 8 ma known as the 8-train setting the … Continue reading

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QQQ update for Tuesday, January 8th, 2013

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Even though the daily chart of the QQQ finished with a green bottoming tail and a COG the 15 minute chart of the Q’s does not look as bullish as the daily buy setup looks on the daily chart.  Major … Continue reading

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TraderHank’s re-play short in CREE

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At 3:00 pm the market was testing the highs again and I felt it might be a good time to look for a short play.  CREE had been selling off nicely all day and started to break down as the … Continue reading

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TraderHank’s short play in RIG

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Going into lunch I was just a bit frustrated which can be dangerous as a trader.  I had RIG on my climatic watch list hoping to see a huge rally upward with price finally giving us a climatic top that … Continue reading

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Long play in JDSU

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I also found JDSU gaping nicely over a red bar on the daily chart this morning, my entry was a 15 minute buy that I zoomed down to the 2 minute chart to perfect the entry.  JDSU had very similar … Continue reading

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2 attempts in GILD

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I attempted two long plays in GILD today which I found on my gap list this morning. GILD was not an immediate play, I just needed to wait for the proper entry.  My first attempt was a failed buy setup … Continue reading

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TraderHank’s short play in CREE

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My next play was in CREE short which was another nice gap down play that I shorted the first 5 minute sell setup.  I zoomed down to the 2 minute chart for the entry just after 10 am but once … Continue reading

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