Daily Trader: Trade Ideas For August 5th 2014

Our Daily Trader portfolio scan generated following trade ideas for August 5th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Gannett Co, Inc. (GCI) Direction: Long Entry: 34.54 Stop: 31.09 Target: 35.92 Pattern: Expanding Candle Insmed Inc. (INSM) Direction: Short Entry: 12.47 Stop: 13.25 Target: 11.92 Pattern:…

Trading Notes – August 4th

Not all of our trades triggered this morning. Update the entry levels based upon ORB – Opening Range Bar (first 30-minute candle) – break.  CNQ (short) –  change entry to 41.94 SPLK (short) – update entry to 43.94 WU (short) – modify entry to 16.74