Look For This Setup Off The Open
Today’s article was written by Brice Wightman.
If you’re a daytrader,
it’s best if you take the highest probability trades,
and more often than not, these occur in the first hour of trading. This morning,
we posted the following alert:
9:50:59
Intraday Setup Alert
Affymetrix
(AFFX)
is trading in a pennant. AFFX is trading at 26.19, up 0.40.
Look for these starting about 9:45 AM or so. I
like to bring the chart down to a 1-minute for more precise entry, and watch
that volume.
Good trading,