Tuesday, October 25, 2011

Day trade review FTNT, CHS

FTNT was not on last nights watch list, however , I saw the stock doing well after hours on surprise earning beat. Earning gap up is one my favorite pattern to trade in the morning after a small intra day pullback/consolidation,usually above 15 minute high, since the stock has strong catalyst.Click the chart to see more:

CHS was an watch list item, alert was for 12.60. Usual intra day base break at 12.60 and wasn't extended too far at 12.60 alert.

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