8/22/2007 Wed
Scalping: AAPL and BIDU
Gapper's
Eye utilizes our original unique stock scanner, Break Scan, and sophisticated
chart software, CQG. With nominal fee, the Break Scan is available to our
members.
The Kamikaze Gap Play
was introduced to the U.S. traders in the
August 2005 issue of Active Trader Magazine.
The Nasdaq gapped up on the open as you can see below.
Excerps from Net Aid:
2007-08-22 22:32:02 hatch shadow
AAPL is breaking out.
2007-08-22 22:35:52 hatch shadow
I'm taking profits here.
2007-08-22 22:36:08 hatch shadow
AAPL looks good again.
2007-08-22 22:36:11 hatch shadow
Long at 132.
2007-08-22 22:38:57 hatch
Exit at 132.40.
2007-08-22 22:48:40 hatch shadow
Look at BIDU.
2007-08-22 22:48:46 hatch shadow
It is a pricey stock, but it has great daily travel range.
2007-08-22 22:51:55 hatch shadow
BIDU is taking out 206.
2007-08-22 22:52:29 hatch shadow
Be sure to adjust your position to minimize your risk !
The index formed a narrow range up bar.
Gapper's Eye Index
Daytradenet Top
Charts courtesy of CQG
Source: 2006 CQG, Inc. All rights reserved worldwide.
Red
and blue zones show the gap of the preceding day.
The Green zone indicates the profitable zone of
trading.