I wanted to know what others looked for when considering an overnight/swing trade. I am trying to get better at picking possible gappers. I could have done better on some of my recent trades, but hesitated to sell p/m because of the low volume thinking they may move up at the open.
Posted Jan 18, 18 10:24 AMbySsolax
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Swing Trade Catalysts
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That sounds a lot like my situation. I'm also working full time, so I can relate. You might look into buying earnings winners as they breakout over multi month resistance or over the earnings day high. Both setups attract a lot of different types of traders, so there’s a lot of demand driving the price up
What do you look for when it not earnings season? Thanks for the advice to.
I only trade earnings winners and there's enough action to keep me busy all year. There's definitely an ebb and flow of new announcements, but a lot of these stocks offer dip and breakout opportunities for several months after their initial announcement
Thanks again for the input
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