Gapper's Eye

Gapper's Eye Gapper's Eye Index Daytradenet Top
1/17/2008 Thu Higher Open: BMRN, BIIB and COST Gapper's Eye utilizes our original unique stock scanner, Break Scan, and sophisticated chart software, CQG. With nominal fee, the Break Scan is available to our members. The Kamikaze Gap Play was introduced to the U.S. traders in the August 2005 issue of Active Trader Magazine. 　 The Nasdaq gapped up on the open. The green dot indicates the opening price. Excerpts from Net Aid: 　 2008-01-17 23:00:37 hatch shadow Good evening. 2008-01-17 23:02:32 hatch shadow The Nasdaq formed a doji-bar yesterday. Currently, the futures are indicating the strong open. 2008-01-17 23:04:49 hatch shadow Many stocks are opening higher, but their charts do not look that great. But, let me look for a few buy candidates. The first one is JASO. 2008-01-17 23:05:19 hatch shadow It is trading above 20-week MA, and the daily chart looks like bottomed out. 2008-01-17 23:06:05 hatch shadow MELI 2008-01-17 23:06:14 hatch shadow It is up about 0.8 point. 2008-01-17 23:06:17 hatch shadow MSFT 2008-01-17 23:06:24 hatch shadow GILD 2008-01-17 23:06:34 hatch shadow This one looks the best so far. 2008-01-17 23:06:42 hatch shadow CELG 2008-01-17 23:06:51 hatch shadow Not the weekly, but the daily chart looks fine. 2008-01-17 23:06:58 hatch shadow TEVA 2008-01-17 23:07:17 hatch shadow KLAC 2008-01-17 23:07:26 hatch shadow It formed an engulfing pattern, but the trend is down. 2008-01-17 23:07:33 hatch shadow LRCX 2008-01-17 23:07:37 hatch shadow The weekly chart pattern does not look good. 2008-01-17 23:07:55 hatch shadow AMGN. The daily chart does not look that bad. 2008-01-17 23:07:57 hatch shadow APOL 2008-01-17 23:08:13 hatch shadow BMRN 2008-01-17 23:08:24 hatch shadow ESRX 2008-01-17 23:08:36 hatch shadow GENZ 2008-01-17 23:08:48 hatch shadow LEAP 2008-01-17 23:09:13 hatch shadow QCOM 2008-01-17 23:09:17 hatch shadow UAUA 2008-01-17 23:09:24 hatch shadow The weekly chart does not look good. 2008-01-17 23:09:35 hatch shadow ZION 2008-01-17 23:30:09 hatch shadow The opening bell ! 2008-01-17 23:30:22 hatch shadow ESRX Up $120 for 200 shares. I bought the stock as soon as it took out the declining trendline. 　 2008-01-17 23:30:24 hatch shadow GILD Up $150 for 500 shares. I bought the stock as soon as it took out the declining trendline. ]2008-01-17 23:30:27 hatch shadow GENZ Up $160 for 200 shares. I bought the stock as soon as it took out the declining trendline. 　 2008-01-17 23:30:31 hatch shadow APOL up $100 for 200 shares. 2008-01-17 23:30:39 hatch shadow BMRN Up $500 for 500 shares. This, too, was selected before the market. 　　 2008-01-17 23:30:59 hatch shadow BIIB, on Break Scan Up $310 for 500 shares. This is trading above the 20-day MA. 　 2008-01-17 23:31:18 hatch shadow TEVA Broke even. This stock is trading above the 20-day MA, an uptrending stock. 2008-01-17 23:31:37 hatch shadow ISRG Broke even 2008-01-17 23:31:39 hatch shadow COST Up $240 for 500 shares It reversed to the upside. 　 2008-01-17 23:31:46 hatch shadow FMCN Down $110 for 500 shares. This stock is in a downtrend. This trade did not work out because the overall market was weak. Be sure to check the trend of the daily chart before you trade. 　 The Nasdaq formed a wide range down bar. 　 Gapper's Eye Index Daytradenet Top Charts courtesy of CQG Source: 2006 CQG, Inc. All rights reserved worldwide. Red and blue zones show the gap of the preceding day. The Green zone indicates the profitable zone of trading.