Gapper's Eye        Gapper's Eye Index        Daytradenet Top
 



8/27/2007 Mon
   

Scalping CROX and WFMI


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 opened lower as indicated by the green dot.

 

Excerpts fron Net Aid:


2007-08-27 22:25:49 hatch shadow
We will be focusing on CROX, AMZN, QCOM and WFMI today as long candidates.


2007-08-27 22:30:20 hatch 
Long CROX at 61.53.


 

2007-08-27 22:30:36 hatch shadow
This is level 4.

2007-08-27 22:30:53 hatch
Exit at 61.85.



 

2007-08-27 22:31:21 hatch shadow
WFMI is showing strength.



2007-08-27 22:31:29 hatch shadow
TROW is reversing.



 

2007-08-27 22:31:50 hatch shadow
EBAY has three straight down bars.
 


2007-08-27 22:31:58 hatch shadow
CTSH has two consecutive down bars.





2007-08-27 22:32:19 hatch shadow
Level 5 has 5 stocks, but I don't like daily patterns.



2007-08-27 22:32:51 hatch shadow
WFMI is the best one today.

2007-08-27 22:34:08 hatch shadow
It's time to take profits on WFMI.



2007-08-27 22:45:39 hatch shadow
The futures are getting weak. Be careful ! 

 

Total: Up 1.43 point.


 

The Nasdaq formed a down bar.


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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.