Surge Alert Review
Now that some new members are signing up for the TradersWire,
I feel a review session may be necessary, since I have received a
number of emails the past couple of days, either questioning the usefulness of the
surge and plunge alerts, or wanting more information on them.
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09:47:19
Surge Alert
Protein Design Labs (PDLI)
has gained 2 points in the past 15 minutes, now up 2.96 to 85.62.
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One of the primary goals of our team of analysts here is to alert our
subscribers to where the action is. This allows the short-term trader to
capitalize on intraday price movement, and swing traders to potentially spot the
beginning of a multi-day price move. A $2 move in an $85 stock is only around a
2% gain, and Protein Design Labs
(
PDLI |
Quote |
Chart |
News |
PowerRating) normally has a daily price
range of $6 to $9.
We continue to track surge alerts for a pullback or a consolidation. When
this occurs, we will post an intraday setup alert.
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10:00:06
Intraday Setup Alert
Protein Design Labs (PDLI)
is now starting to pull back from its intraday high. The stock is now up
2.90 to 85.56.
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PDLI ran up for almost 3 points out of the pullback alerted in
the 10:00 post.
So, the purpose of the surge/plunge alert is to alert you to a
stock that is in motion, and could remain in motion, at least for the
short-term. This allows the nimble trader to take advantage of short-term price
momentum, both to the upside and the downside.
Until tomorrow,
Duke