Daily Trader: Trading Ideas For August 21st, 2014

Following are our trade ideas for our Daily Trader portfolio for Thursday August 21st, 2014. These are short term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. AmericanEagleOutfitters, Inc. (AEO) Direction: Long Entry: 13.18 Stop: 12.68 Target: 13.57 Pattern: Resistance Break / Gap Up / Expansion Candle Ann…

Trading Notes: August 20th

Some of our potential trades for today gapped up at the open. We normally do not chase the gaps unless they are very close to our entry, instead, we wait for the first 30-minute candle to close. Update entry for CAVM to 55.88 Update DEPO to 15.16 Update FFIV to 122.35