Spotting The Swing
Aggressive
traders can pull profits out of the market if they know how to spot
turning points intraday. One of the most powerful patterns signaling a potential
swing is a breakout over an angular triple top.
12:56:15
Intraday Setup Alert
KLA-Tencor (KLAC)
is breaking out over an angular triple top. KLAC is down 1.61 to 43.58.
As the indices bounce and buy programs
kick in, KLA-Tencor
(
KLAC |
Quote |
Chart |
News |
PowerRating) is carried more than 1 1/2 points higher.
If you are a daytrader, you have to
learn to spot intraday swings if you are going to be profitable. Not all days
are trend days, and many times markets will move in the first hour and chop
around the rest of the day. Following the action on TradersWire
is making use of a powerful tool to aid you in this quest.
Until tomorrow,
P.S. Radpoke, glad to hear you took
advantage of this trade when it was profiled. See you in Vegas!!!!