Gapper's Eye        Gapper's Eye Index        Daytradenet Top
 



9/14/2007 Fri
   

Scalping: AAPL, RIMM, EBAY 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 down on the open.


 

The green dot shows the opening price.

 

 

Excerpts from Net Aid:



2007-09-14 22:30:38 hatch
Short AAPL.


It is really important to win your first trade.
 

2007-09-14 22:30:59 hatch
Exit at 136.35.



2007-09-14 22:31:35 hatch shadow
There are two stocks.



2007-09-14 22:31:45 hatch shadow
RIMM is braking out. Long at 86.45.

2007-09-14 22:33:01 hatch
Exit at 86.75.
 

 

2007-09-14 22:31:43 hatch shadow
KLAC is reversing.


No trade on this one.

2007-09-14 22:34:16 hatch shadow
GRMN is filling the gap. But, I don't want to short this one because it is in an uptrend.



 



2007-09-14 22:34:41 hatch shadow
I rather hit BIDU.



2007-09-14 22:42:42 hatch shadow
BIDU is trying to fill the gap.

2007-09-14 22:43:33 hatch shadow
It's time to take profits on BIDU.

2007-09-14 22:36:30 hatch
Long RIMM at 86.60. It is challenging the resistance.


2007-09-14 22:37:22 hatch shadow
RIMM crossed above 87.



 



2007-09-14 22:37:54 hatch shadow
BIDU is on the move.

2007-09-14 22:38:53 hatch 
Out at 87.30.


 


2007-09-14 22:44:04 hatch shadow
EBAY is breaking out.


 



2007-09-14 22:44:44 hatch shadow
EBAY has a good weekly chart pattern.

2007-09-14 22:50:08 hatch shadow
EBAY is showing strength.

2007-09-14 22:52:05 はっちshadow
EBAY is nearing 38.



 


The average daily travel range is 0.85 point.


2007-09-14 22:54:45 hatch shadow
You should place a trailing stop on EBAY.

2007-09-14 22:55:08 hatch shadow
This is more than enough profits on EBAY. You can exit now.
 


2007-09-14 22:56:34 hatch shadow
EBAY looks toppy.

2007-09-14 22:44:34 hatch shadow
Again, it has a good weekly chart pattern.



 

2007-09-14 22:50:42 hatch
BIDU at 232.4.

2007-09-14 22:52:27 hatch
Out at 233.41.





2007-09-14 23:06:27 hatch shadow
BIDU looks really good.
 

 

 

 

2007-09-14 23:00:15 hatch shadow
RIMM is coming back. Long at 87.18.

2007-09-14 23:02:32 
Out at 87.65.




The Nasdaq formed an up 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.