My picks for Tuesday daytrading

[simpletradesnet]

These are what I emailed last nite to subscribers

MSBuy 13.45Target 13.75JKHYShort 15.99Target 15.69PCLNShort 61.37Target 60.38

Since they were made last night based on support and resistance ahead of this morning's announcements, my shorts may or may not work. The MS long actually ran my numbers premarket when it went back up through my 13.45 entry about 8:28, although the regular session was my intent.

[simpletradesnet]

These are what I emailed last nite to subscribers

MSBuy 13.45Target 13.75JKHYShort 15.99Target 15.69PCLNShort 61.37Target 60.38

Since they were made last night based on support and resistance ahead of this morning's announcements, my shorts may or may not work. The MS long actually ran my numbers premarket when it went back up through my 13.45 entry about 8:28, although the regular session was my intent.

That MS did run my support level for a premarket bounce higher helps to confirm support and resistance as a methodology in the selection process since support and resistance are valid thruout all sessions--not just the regular session.

Further validation of that process was my pick to short PCLN which late morning broke under 61.37 and reached 60.23 as a low, not too far past my 60.38 exit target especially given the large bid-ask spread it traded.
:proud: