Swing-day trading US stocks

POSITION TRADE

Symbol: BMC

Company Profile:
BMC Software, Inc. and its subsidiaries develop software that provides systems and service management solutions for large enterprises. It operates in four segments: Mainframe Management, Distributed Systems Management, Service Management, and Identity Management.

Sector: Technology
Industry: Application Software

Trading Strategy:
On the Monthly chart we can see that BMC forming triangle pattern and possible 3rd try triangle pattern. It is uptrend stock and that is one of my favor patterns. It is still not on the monthly triangle breakup point, but if we take a look at weekly chart we can see nice “early” position trade opportunity. Weekly chart also formed 3rd try breakup possibility with continuation pattern what will increase possibility for good risk reward trade. I will look for buy above last week high with stop under last week low what will be start for swing trade what can easily turn to position trade based on monthly 3rd try triangle possibility. This is good example of my work. I always try to find setup on multi time frames to increase reward and cut risk for low risk setups.


http://www.ivicacharts.com/diagrams/2008/04282008bmc.jpg
http://www.ivicacharts.com/diagrams/2008/04282008bmcweekly.jpg


If anyone will have any question please feel free to contact me

Kind regards
Ivica Juracic
 
My favorite Stocks trading tips from this week:
MBI, CATY, AFFX

Parameters for trades are in Blog ( in charts )
 

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Watch ideas: for 05/05/2008

Long:

RIO next earning date: Jul 31, 2008
http://www.ivicacharts.com/diagrams/2008/05052008rio.jpg
ARRS next earning date: Jul 24, 2008
http://www.ivicacharts.com/diagrams/2008/05052008arrs.jpg
ALL next earning date: Jul 23, 2008
http://www.ivicacharts.com/diagrams/2008/05052008all.jpg


Short:

BJS next earning date: Jul 24, 2008 http://www.ivicacharts.com/diagrams/2008/05052008bjs.jpg
MAS next earning date: Jul 31, 2008
http://www.ivicacharts.com/diagrams/2008/05052008mas.jpg

If you have any questions, please email me or ask me in the trading room.
Good luck trading today!!!!

Ivica Juracic
 
Chart of the week (free article)

Symbol: MDC

Sector: Industrial Goods
Industry: Residential Construction

TRADING PLAN

Entry price: above $46.17
Stop price: under $43.12

Target area: $55-56 areas

Chart explanation:

After weekly downtrend, MDC consolidate and forming reversal pattern. On the weekly chart consolidate under 100sma resistance area and I will look for breakout and for move in to 200sma resistance area. It can turn to position trade. For stop I will use 10sma. We want see strong breakout with higher volume what will be indicator for buying interest. First resistance will be $50 as number and previous high and in breakout possibility we will see behavior at that area. Note that action can be whippy so we need to use proper stop. For start will be under last week bar.

http://www.ivicacharts.com/diagrams/2008/05052008mdc.jpg

Kind regards
Ivica Juracic
 
Further scanning Swing tip - DVAX

I cover AFFX and VDSI with nice profit ( in my Blog )
 

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Free stock recommendation

Symbol: SGR

Sector: Industrial Goods
Industry: Waste Management

TRADING PLAN

Entry price: under $49.00
Stop price: above $49.43 (day trade) or 50.61(swing trade)

Target area: $48 for day trade – open for swing

Chart explanation:

I love when I find support on several time frames for possible setup. That is case with SGR. We can see on the 30 min chart that SGR forming bear flag what is opportunity for day trade, but it is also opportunity for swing trade because of daily bear flag and third try to break down. If day trade will work that can be trigger for swing trade what could increase risk reward on high level. On the weekly chart SGR forming triangle what is another opportunity for longer swing trade. This is example where all kind of traders (fast, day or swing) can use same stock charts.

Kind regards
Ivica Juracic

http://www.ivicacharts.com/diagrams/2008/05122008sgr15.jpg
http://www.ivicacharts.com/diagrams/2008/05122008sgr.jpg
http://www.ivicacharts.com/diagrams/2008/05122008sgrweekly.jpg
 
My Swing tips results, after any few days:

MBI +10,2%
CATY +3,8%
AFFX +4,9%
SVVS +7,8 %
VDSI +11,3%

Realized profit from 30.4.2008 is +8,5% on portfolio :)

..................................................
US tip - trading
.
 

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Trade recommendation

Symbol: DDR

Company Profile:
Developers Diversified Realty Corporation (DDR) operates as a real estate investment trust (REIT) in the United States. The company engages in acquiring, developing, redeveloping, owning, leasing, and managing shopping centers, mini-malls, and lifestyle centers.

Sector: Financial
Industry: REIT-Retail

Chart explanation:

It is first time that I will use DDR for position trade and for chart of the week column. Reason for that is DDR possibility to be used as day, swing and position trade. That mean we can use day trade trading plan what can turn in to swing or position setup and that could increase risk/reward to really high level. It is just important to use proper trading plan. For swing trade it is explained on the site in the chart of the week column and we can use it. If 60 min triangle will be broken to upside direction DDR will stay on watch list for swing or position trade until will stay in the pattern.

http://www.ivicacharts.com/diagrams/2008/05192008ddr60.jpg
http://www.ivicacharts.com/diagrams/2008/05192008ddr.jpg
http://www.ivicacharts.com/diagrams/2008/05192008ddrweekly.jpg
http://www.ivicacharts.com/diagrams/2008/05192008ddrmonthly.jpg

If anyone will have any question about DDR setup or about any other please feel free to contact me.

Kind regards
Ivica Juracic
 
Hi all,

Hope that you all who follow this little topic had nice time with DDR. I gave it before several days and DDR has setup at 05/19/2008:

www.ivicacharts.com/diagrams/2008/05192008ddr.jpg
http://www.ivicacharts.com/diagrams/2008/05192008ddr.jpg
05192008ddr.jpg


That was setup chart. If you remember I told that DDR is great for intraday setup and also big risk reward possibility. It had nice 60 min, daily, weekly and monthly chart and we could use it for day, swing and position trade. Well, day and swing reached targets and position is open.

Look at it now:
www.ivicacharts.com/diagrams/2008/05282008ddr.jpg
http://www.ivicacharts.com/diagrams/2008/05282008ddr.jpg
05282008ddr.jpg


It is around equal move and $40 area is broken. With many bad market signals and news I believe that position trade look good and I will follow that one for more swing and day setups. If anyone will be interested for them always can contact me or for more other setups and explanations. Remember that when some chart have position potential, then it is always good to stay in focus.

Hope you all doing well and wish you all best.
Ivica
 
Trading plan: STAR - Long trade

Date entry. 05/27/2008

Entry price: $16.05
Stop price: $15.70

Exit date. 05/30/2008

Exit price: $17.45
% results: 8.72
Result: $1.40
Risk/reward: 4.00


Setup chart:
http://www.ivicacharts.com/diagrams/2008/05272008star.jpg


STAR was swing setup on the watch list from 05/27/2008. I liked action because despite of market weakness START stayed strong and had “own way” what improved few days after when broke up and gave us very nice profit. Chart of the week, position trade etc is updated and if you interested you get more. This is my classic trade move-rest-move. It is great education example that even in weak market we can find good strong setup. Look how 10 and 20sma can be good trading tool.
Wish you all great trading this week.

Exit chart:
http://www.ivicacharts.com/diagrams/2008/06022008star.jpg


If anyone will have any comment or question please feel free to contact me.

Kind regards
Ivica Juracic
 
Symbol: NKE

Sector: Consumer goods
Industry: Textile – Apparel Footwear & Accessories

TRADING PLAN

Entry price: above $70.25
Stop price: under $66.00

Target area: open

Chart explanation:

NKE holding very nice during market weakness and showing “own way” what is always best for us. On the weekly chart NKE consolidate at highs what result with monthly continuation pattern. I will look for another (3rd) try to break above $70 area. Equal move and number area is $80 area and that will be initial target area, but as always all depend on breakup volume and pace. Stronger pace and bigger volume = more odds for bigger move. It is simply setup, I will say my classic setup: move-rest-move, but it is always very important to analyze all time frames and have whole picture before setup.
Those who want more examples or have any question or comment about NKE please feel free to contact me

Kind regards
Ivica Juracic

http://www.ivicacharts.com/diagrams/2008/06092008nke.jpg
 
HI DWL, sorry but i can see the charts apparently there is a mistake with the uploading or the webpage, check it out so that i can comment on them.
 
Trading plan: CNH – Short trade

Date entry. 06/10/2008

Entry price: $42.21
Stop price: $42.71

Exit date. 06/12/2008

Exit price: $40.25
% results: 4.64
Result: $1.96
Risk/reward: 3.92


Setup chart:
http://www.ivicacharts.com/diagrams/2008/06102008cnh.jpg

Exit chart:
http://www.ivicacharts.com/diagrams/2008/06162008cnh.jpg


If anyone will be interested for more trading examples or if anyone will have any comment or question please feel free to contact me.

Kind regards
Ivica Juracic
[email protected]
 
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