Trading Week 11 [Wednesday] – Reversals & Opening Range Breakouts/Downs ($UAL, $ARD)

By | March 15, 2017

Set ups I am focusing on

  • Gap Downs
  • Opening Range Breakups/Downs
  • Reversals
  • Context Play - including Trend Continuation (All Day Hold)


Green Day

$UAL (Gap Down)
Catalyst - Bad weather and this news - https://www.thestreet.com/story/14043999/1/united-continental-cuts-2017-casm-outlook.html?puc=yahoo&cm_ven=YAHOO

Big Picture View

2017-03-15_UAL_Big_Picture

 

Trading Chart

2017-03-15_UAL_5_Min_with_trades

 

Multiple Time Frames - Trade 1
**00***

$ARD (IPO Play)
Catalyst - None. This was an IPO

Big Picture View

2017-03-15_ARD_Big_Picture

Trading Chart

2017-03-15_ARD_5_Min_with_trade

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