Author Archives: TraderHank

Stock picks and QQQ update for Thursday, October 11th, 2012

Share Button

Shorts: BRCM – Break down continuation pattern KLAC – Break down continuation pattern LVS – Break down continuation pattern NTAP – Pivot I continuation pattern VLO – Break down, wide range bar continuation pattern XLNX – Gap continuation pattern Longs: … Continue reading

Posted in Daily Analysis, Recommendations, TraderHank's Stock Picks | Comments Off on Stock picks and QQQ update for Thursday, October 11th, 2012

QQQ afternoon update and TraderHank’s trade in the QQQ

Share Button

Yes, at the start of lunch, the Q’s put in a large red bar on the 5 minute chart starting the lunch time move lower.  I entered on the break down setting my stop above the last pivot area on … Continue reading

Posted in Market Trade | Tagged | Comments Off on QQQ afternoon update and TraderHank’s trade in the QQQ

Market update and TraderHank’s play in XLNX

Share Button

The market opened neutral this morning and sold off breaking yesterday’s low by a few penny’s.  Currently we are in a sideways trend and I’ll be looking for a break down below the whole number of 67.00.  I’ll be looking … Continue reading

Posted in Gap plays | Comments Off on Market update and TraderHank’s play in XLNX

QQQ market analysis and stock picks for Wednesday, October 10th, 2012

Share Button

Shorts: BRCM – break down COST – Daily sell triggered HOG – Daily sell triggered INTC – Gap continuation Longs:  NONE Today the Q’s gaped down at the open and sold off hard until 11:45 setting the low for the … Continue reading

Posted in Daily Analysis, TraderHank's Stock Picks | Comments Off on QQQ market analysis and stock picks for Wednesday, October 10th, 2012

TraderHank’s play in APOL

Share Button

My next play was in APOL which I found on my 9:45 wide range bar scan.  APOL looked a little Climatic which my method tells me to not take the first sell setup, but I had several things going for … Continue reading

Posted in 9:45 Wide Range Bar Plays | Comments Off on TraderHank’s play in APOL

This morning in the QQQ

Share Button

Happy Tuesday everyone, the market gaped lower this morning to Major Support and price action just continued through support lower.  There is no doubt that the daily uptrend in the Q’s is over!  We now could be in a sideways … Continue reading

Posted in Gap plays | Tagged | Comments Off on This morning in the QQQ

TraderHank’s last trade for the morning in GILD

Share Button

My final trade was a small .10 cent scalper trade in GILD.  I usually don’t take these trades but the setup was too good for me to not take the trade.  I’ve seen this pattern before many times and I … Continue reading

Posted in Gap plays | Comments Off on TraderHank’s last trade for the morning in GILD

TraderHank’s Trade in AMGN

Share Button

My 3rd play of the day was at 10:45 as the Q’s were setting up another 5 minute sell in the market.  I shorted AMGN, which I found doing my 9:45 scan for wide range bars, on it’s first 5 … Continue reading

Posted in 9:45 Wide Range Bar Plays | Comments Off on TraderHank’s Trade in AMGN

TraderHank’s trade in VZ

Share Button

My next trade was with the market triggering it’s 5 minute sell.  I took VZ on the 5 minute sell trigger short.  I found VZ while doing my 9:45 wide range bar scan which showed a beautiful big red bar. … Continue reading

Posted in 9:45 Wide Range Bar Plays | Comments Off on TraderHank’s trade in VZ

Market update and my first trade in SLB

Share Button

If you read my pre-market letter yesterday, it pretty much nailed the market.  The Q’s gaped below Friday’s low and sold off for the first 5 minutes then proceeded to put in the high at 10:00 triggering a 5 minute … Continue reading

Posted in Gap plays | Comments Off on Market update and my first trade in SLB