{"id":511,"date":"2019-09-10T03:46:06","date_gmt":"2019-09-10T08:46:06","guid":{"rendered":"https:\/\/daytradingfreedom.com\/blog\/?p=511"},"modified":"2019-09-10T03:46:06","modified_gmt":"2019-09-10T08:46:06","slug":"coming-back-for-more","status":"publish","type":"post","link":"https:\/\/daytradingfreedom.com\/blog\/coming-back-for-more\/","title":{"rendered":"Coming Back For More"},"content":{"rendered":"\n

Sometimes, when a stock makes a big enough move in a day, it can carry some of that momentum into the next trading session. And sometimes the next session will see a big move retrace instead. Either way, it can be worth keeping an eye on what moved well in the previous session. Monday provided two excellent examples of how these previous-day movers can make us money.<\/p>\n\n\n\n\n\n\n\n

First up, here’s ZM, which gave us that nice little short to finish up last week<\/a>.<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

The weekend break did nothing to alleviate its weakness, and it made a lovely textbook setup<\/a>. I mean seriously, they don’t get much better than this. <\/p>\n\n\n\n

The reward for such a classic setup was a five minute trade that netted $1,710 profit. The exit came quickly, with a powerful bounce and reversal of momentum.<\/p>\n\n\n\n

Next, DOCU, another stock which made some moves on Friday and was therefore on the radar.<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

This was every bit as good as ZM, but in the opposite direction (a long trade – hurrah!) Again, a beautiful setup with several confirmation signals. The move when it came, was not quite as manic as ZM. It took a good ten minutes to reach an exit point. There was more to be had for anyone who holds longer than I do, but I like to get out at the first sign of trouble. Besides, I set my exit order to take me out with a nice round dollar-per-share, booking $1,000 profit because I’m petty and like round numbers.<\/p>\n\n\n\n

Will these stocks perform again tomorrow? Who knows. Certainly I will keep them at the bottom of my watchlist and check in on them at least a couple of times. As long as a stock keeps giving up nice trades, it is a worthy candidate for our attention.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sometimes, when a stock makes a big enough move in a day, it can carry some of that momentum into the next trading session. And sometimes the next session will see a big move retrace instead. Either way, it can be worth keeping an eye on what moved well in the previous session. Monday provided … <\/p>\n

Continue reading “Coming Back For More”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/posts\/511"}],"collection":[{"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/comments?post=511"}],"version-history":[{"count":2,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/posts\/511\/revisions"}],"predecessor-version":[{"id":513,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/posts\/511\/revisions\/513"}],"wp:attachment":[{"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/media?parent=511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/categories?post=511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/tags?post=511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}