Each week at ChartSmarter we like to bring to a little insight into what we do on a daily basis. We have been at it for more than 4 years and we love doing it. Each night we detail 8 to 10 of our favorite ideas, both long and short, for the next days session. We do NOT have a chat room, nor are we active “tweeters”. We like our business growing by word of mouth. Here are a few examples of ideas we recently examined in our Daily Game Plans, exactly how they were written. For those who would like to see a full copy of our Monday Game Plan, email me at chartsmarterblog@gmail.com.
COUP we originally looked at in our Wednesday 11/19/14 Game Plan. We liked the complexion the name was taken on. Below is how it was analyzed in our daily report. The pattern never played out, but it is never a reason to take the stock off your radar. The intraday low from huge earnings gap on 11/5/14 was never taken out on a CLOSING basis and it was a tell going forward. Future set ups will often emerge and the second chart below explains the present story.