Gapper's Eye        Gapper's Eye Index        Daytradenet Top
　

1/18/2008 Fri　　　

Trading by Utilizing Opening Strength

AMZN, DRYS and GRMN 

---

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:

2008-01-18 23:00:10 hatch shadow
Good evening.

　

2008-01-18 23:02:04 hatch shadow
The Nasdaq was down big yesterday.

2008-01-18 23:02:15 hatch shadow
Currently, the futures are strong.

　

2008-01-18 23:03:26 hatch shadow
Although many stocks are gapping up, it is not easy to find good long candidates.

2008-01-18 23:04:13 hatch shadow
Here are some long prospects: DRYS, GRMN and AMZN.

2008-01-18 23:05:25 hatch shadow
QCOM is a 30-min. gap pattern candidate. 

2008-01-18 23:05:33 hatch shadow
So are  CELG, BMRN, UAUA, AMGN, TEVA, BIIB, and APOL.

2008-01-18 23:09:24 hatch shadow
Here are today's hard to borrow issues: ACAS, DRYS, FMCN, LEAP, SHLD, SPWR and ZION. 

2008-01-18 23:18:20 hatch shadow
GENZ is the top stock today. It has good weekly and daily chart patterns.

2008-01-18 23:18:27 hatch shadow
And APOL.

2008-01-18 23:18:37 hatch shadow
Also TEVA.

2008-01-18 23:18:49 はっちshadow
UAUA, QCOM, CELG, BIIB and AMGN have bad weekly chart patterns.

2008-01-18 23:30:15 hatch shadow
The opening bell !

2008-01-18 23:30:31 hatch shadow
APOL

Up $200 for 200 shares.

2008-01-18 23:30:33 hatch shadow
QCOM

Up $300 for 500 shares.

　

2008-01-18 23:30:39 hatch shadow
AMGN, BIIB and CELG.

Up $125 for 500 shares.

　

Up $205 for 500 shares.

　

Up $150 for 500 shares.

2008-01-18 23:31:02 hatch shadow
AMZN shows strength.

Up $200 for 200 shares.

2008-01-18 23:31:25 hatch shadow
DRYS

Up $750 for 500 shares.

2008-01-18 23:33:42 hatch shadow
TEVA, a 30-min. gap pattern.

Up $140 for 500 shares.

　

2008-01-18 23:33:45 hatch shadow
GRMN

Up $1255 for 500 shares.

2008-01-18 23:39:37 hatch shadow
The futures are getting weak.

　

2008-01-18 23:45:03 hatch shadow
It exceeded its average range. You don't need to worry too much on this.

　

　

The Nasdaq closed down.

　

---

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.