8/30/2007 Thu
Scalping
ＢＩＩＢ and AAPL
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 from Net Aid:
2007-08-30 22:12:57 hatch
Like yesterday, we will be utilizing both Break Scan Pro and
hatch 3 today.
2007-08-30 22:14:56 hatch
Let's go over scalping candidates.
2007-08-30 22:15:01
BIIB. This one has good chart patterns including weekly chart.
2007-08-30 22:17:40 hatch
NDAQ also has good patterns.
2007-08-30 22:18:50 hatch
PAYX. The size of the gap is a bit problem.
2007-08-30 22:20:49 hatch
AAPL. Needless to say, this one has extremely high ticks.
2007-08-30
22:30:03 hatch
The market has opened.
2007-08-30 22:30:17 hatch
As expected, all stocks gapped down.
2007-08-30 22:32:06 hatch
ＢＩＩＢ is strong.
2007-08-30 22:33:29 hatch
Hatch 3 has tech issues this morning.
2007-08-30 22:33:51 hatch
ＡＤＢＥ is breaking out.
2007-08-30 22:35:23 hatch
Take profits on BIIB.
2007-08-30 22:35:57 hatch
ＣＥＬＧ and ESRX have same patterns.
2007-08-30 22:37:44 hatch
ＡＡＰＬ is breaking out.
2007-08-30 22:40:21 hatch
Exit AAPL at 133.7.
2007-08-30
22:40:53 hatch
Long at 133.65.
2007-08-30 22:43:13 hatch
Close at 134.10.
2007-08-30 22:43:30 hatch
Long at 134.1.
2007-08-30 22:44:19 hatch
Exit at 134.50.
2007-08-30 22:45:08 hatch
Hatch 3 has only one stock as expected.
2007-08-30 22:45:19 hatch
You could not trade this one. It reversed right away.
2007-08-30 22:46:27 hatch
Long at 134.55.
2007-08-30 22:48:37 hatch
AAPL is really moving.
2007-08-30 22:49:08 hatch
Out at 135.60.
2007-08-30 22:49:23 hatch
Long at 135.60.
2007-08-30
22:50:49 hatch
Out at 135.80.
2007-08-30 22:51:08 hatch
Long at 135.80.
2007-08-30 22:54:30 hatch
Out at 136.40.
2007-08-30 22:56:07 hatch
Be careful AAPL has already moved nearly its daily travel range.
AAPL has the
average daily range of 4.4 points.
Total: 3.2 points (Only AAPL trades)
The Nasdaq shaped an up bar with a long tail.
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.