Trouble with TradeStation today left Zoomie out of sorts, and he forgot to pick a single letter to trade against. As a result, he split his trades between D and M, and suffered for it. There’s always tomorrow!
First dELiA’s, Inc. (Nasdaq: DLIA):
Then Mindray Medical International Limited (NYSE: MR):
I love that name… Mind Ray Medical. Sounds futuristic. And, somehow, it’s both international, and limited. Zoomie’s comments are on the charts, which you can click to enlarge as always.
| Stocks Mentioned In This Article | |
|---|---|
| Stock | Links |
| DLIA |  |  |  |
| MR | | | |
December 5th, 2006 at 6:50 am
thanks for sharing these. both had huge breakouts — in retrospect how could you catch these using backtesting. I use tradestation but trust better so far my own straight technical analysis and bought into MR at 23 :-) based on a number of screaming indicators, such as slow stochastic, 10 day moving average, double bottoms, etc, etc
thanks.
December 5th, 2006 at 1:52 pm
James,
Nice swing play! At the moment I am strictly daytrading gap plays. More specifically, I trade with the gap on pullbacks and breakouts. I do not think any scan could catch gap plays in action except for my Mark I eyeball. I am soon venturing into longer term plays. These longer term plays will be based on chart patterns for entries and targets.
December 5th, 2006 at 5:34 pm
James: Do you have a chart you’d like to share? I’d love to see the visuals of what you are describing on your MR trade (are you out yet?)