Gapper's Eye        Gapper's Eye Index        Daytradenet Top
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2/21/2008 Thu

A Slow Day

KLAC, ACAS and CEPH 


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.

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The Nasdaq gapped up on the open.

The green dot indicates the opening price.

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Excerpts from Net Aid:

2008-02-21 22:58:45 hatch shadow
Good evening.

2008-02-21 23:16:18 hatch shadow
The Nasdaq finished near the 20-day MA yesterday. Currently, the futures suggest the strong open. 

2008-02-21 23:16:32 hatch shadow
It's going to be a big gap.

2008-02-21 23:16:57 hatch shadow
Many stocks will be gapping up on the open.

2008-02-21 23:17:01 hatch shadow
RIMM has the biggest upside gap. But, the weekly chart is a bit weak.

2008-02-21 23:17:26 hatch shadow
Anyway, this one is the top candidate today.

2008-02-21 23:18:37 hatch shadow
Let's look at other stocks with upside gaps.

2008-02-21 23:18:50 hatch shadow
INFY

2008-02-21 23:18:58 hatch shadow
It will make a 5-day high.

2008-02-21 23:19:15 hatch shadow
‚e‚v‚k‚s. The weekly chart looks nice, too.

2008-02-21 23:19:27 hatch shadow
‚a‚t‚b‚x is another goodone.@

2008-02-21 23:19:58 hatch shadow
Also ‚s‚d‚u‚`.

2008-02-21 23:20:06 hatch shadow
‚`‚b‚`‚r@

2008-02-21 23:20:21 hatch shadow
‚i‚n‚x‚f

2008-02-21 23:20:42 hatch shadow
‚k‚q‚b‚w. The weekly is not good.

2008-02-21 23:20:52 hatch shadow
‚b‚s‚w‚r has a good daily pattern.

2008-02-21 23:21:07 hatch shadow
‚d‚q‚s‚r has a good daily pattern, too.

2008-02-21 23:21:34 hatch shadow
‚d‚r‚q‚w

2008-02-21 23:22:01 hatch shadow
‚f‚h‚k‚c

2008-02-21 23:22:12 hatch shadow
‚g‚`‚m‚r@

2008-02-21 23:22:28 hatch shadow
‚h‚k‚l‚m. Both the weekly and daily are good.@

2008-02-21 23:22:42 hatch shadow
‚o‚b‚k‚m

2008-02-21 23:22:51 hatch shadow
‚p‚b‚n‚l

2008-02-21 23:23:12 hatch shadow
That's about it. I don't think we will short today.

2008-02-21 23:30:14 hatch shadow
The market has opened.

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2008-02-21 23:30:22 hatch shadow
BIDU

Up $70 for 100 shares.

2008-02-21 23:30:36 hatch shadow
CEPH

Up $205 for  500 shares.

2008-02-21 23:30:49 hatch shadow
JOYG@

broke even

2008-02-21 23:30:53 hatch shadow
BUCY

broke even.

2008-02-21 23:31:48 hatch shadow
ACAS@

Up $120 for 1000 shares.

2008-02-21 23:33:54 hatch shadow
KLAC

Up $300 for 500 shares.

2008-02-21 23:34:05 hatch shadow
SIGM@

Up $250 for 500 shares.

2008-02-21 23:35:07 hatch shadow
ACAS is shown on top.

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The Nasdaq finished with a wide range down bar.

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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
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