Intraday Stock Trades

[incumunltd 10]

CTSH - tall red candle delivers 77 point move

 

CTSH completed a beautiful tall red candle yesterday morning on the 15min chart giving a short entry point. I entered the short at the close of this candle and around 11:15am price completed a shooting star continuation pattern which gave me reason to remain in the trade, trailing my stop manually and eventually banking a 77point move.

[incumunltd 10]

JOY - piercing pattern delivers 32point move

 

Price completed a piercing pattern on 15min chart yesterday presenting me with a buy opportunity which I entered trailing my stop manually as trade developed. See chart and trade below.

[garryjohn258 10]

This graph clear all the doubts.

[incumunltd 10]

BULLISH ENGULFING ON CTSH AND SMALL SPINNING TOP ON JOY

 

CTSH completed a bullish engulfing against support yesterday on 15min chart for a buy. This pattern consists of a small red candle followed by a tall blue candle which closes above the high of red candle. The entry point is at the close of the tall blue candle.

 

JOY formed a small spinning top on support on 15min chart yesterday for a great buy entry. Spinning tops are really powerful as reversal signals on support or reversal. Entry is at the close of the candle. My exit arrow in chart is a little high - see trade picture for actualy exit point.

[incumunltd 10]

MORNING STARS ON 15MIN JOY AND CTSH (prop trades)

 

 

CTSH completed a morning star on 15 min chart yesterday (tall red candle, followed by a small bodies candle, followed by a tall blue candle that closed three fourths into the red candle's body). I entered on the close of the blue candle. I show the exit point on the chart for this trade; however, I got out earlier because of threatening big snow storm - had to get to the grocery store for supplies. Therefore, when you look at trade results, you'll see I got out long before the trade was completed.

 

JOY completed a morning star on 15min chart also; however this one was a little messy; had to get confirmation before pattern took off. See confirmation patttern on chart. Entered on close of blue candle of confirmation pattern. Because of snow storm had to get out of the trade prematurely as well, but show relevant targets on chart.

[harreymartin 10]

Cognizant Technology Solutions (CTSH) is a leading provider of custom IT consulting and technology services as well as outsourcing services for Global 2000 companies located in North America, Europe and Asia. Its core competencies include Technology Strategy Consulting, Complex Systems Development, Enterprise Software Package Implementation and Maintenance, Data Warehousing and Business Intelligence, Application Testing, Application Maintenance, Infrastructure Management, and Vertically-Oriented Business Process Outsourcing (V-BPO).

[AmyCooper 10]

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