{"id":783,"date":"2020-01-16T04:01:38","date_gmt":"2020-01-16T09:01:38","guid":{"rendered":"https:\/\/daytradingfreedom.com\/blog\/?p=783"},"modified":"2020-01-16T04:01:38","modified_gmt":"2020-01-16T09:01:38","slug":"tgt-and-nktr","status":"publish","type":"post","link":"https:\/\/daytradingfreedom.com\/blog\/tgt-and-nktr\/","title":{"rendered":"TGT and NKTR"},"content":{"rendered":"\n<p>Here are a couple of quick trades from Wednesday. One was a $610 win, the other much bigger. Let&#8217;s look at the smaller one first. Here&#8217;s the chart for Target:<\/p>\n\n\n\n<!--more-->\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" width=\"1000\" height=\"903\" src=\"https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2020\/01\/Image-16-01-2020-09-54.png\" alt=\"\" class=\"wp-image-781\" srcset=\"https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2020\/01\/Image-16-01-2020-09-54.png 1000w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2020\/01\/Image-16-01-2020-09-54-300x271.png 300w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2020\/01\/Image-16-01-2020-09-54-768x694.png 768w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/figure><\/div>\n\n\n\n<p>There&#8217;s not much to say about this. It was a textbook setup, straightforward entry, and holding out for the clear reversal added a few cents to the exit. Getting out at $116 would have been equally valid and still produced $500 profit.<\/p>\n\n\n\n<p>A much bigger win came from pharma stock NKTR. Here&#8217;s the chart:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" width=\"1000\" height=\"894\" src=\"https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2020\/01\/Image-16-01-2020-09-56.png\" alt=\"\" class=\"wp-image-782\" srcset=\"https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2020\/01\/Image-16-01-2020-09-56.png 1000w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2020\/01\/Image-16-01-2020-09-56-300x268.png 300w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2020\/01\/Image-16-01-2020-09-56-768x687.png 768w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/figure><\/div>\n\n\n\n<p>I have little idea about who NKTR are or what they do, and neither do I care. What matters to me is that their stock price tanked, there was a massive gap and a nice opportunity for a simple day trade.<\/p>\n\n\n\n<p>Again, the setup was textbook, nice and clean. I almost got out at $24, but there was little in the way of effort to push the price back up, so it was worth hanging on. The real reversal came around the $23 mark, which is how this trade ended up making $1310 profit. It was quite a long one for me, taking the best part of an hour. Still, all done by lunchtime.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here are a couple of quick trades from Wednesday. One was a $610 win, the other much bigger. Let&#8217;s look at the smaller one first. Here&#8217;s the chart for Target:<\/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\/783"}],"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=783"}],"version-history":[{"count":2,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/posts\/783\/revisions"}],"predecessor-version":[{"id":785,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/posts\/783\/revisions\/785"}],"wp:attachment":[{"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/media?parent=783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/categories?post=783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/tags?post=783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}