- Entry Price, Stop Price, Target1 Price and Target2 Price will be sent to your phone/email
- Long and short trades are included in the 3 Day Reversal Swing Trading Strategy
- These alerts can be day traded using Target 1 for day trading
Stochastic Overbought: Stochastic (14,3,3) reached overbought levels by climbing over 80. Stochastic Overbought that occurs on a small range day make excellent day trades and swing trades the next day.
SWN on 1/5/16 met the above criteria for a Stochastic Overbought Setup. The daily chart below shows the subsequent trade below the 1/5/16 low at $7.36, slightly below the trigger entry price of $7.43. SWN traded down to a low of $6.36 the same day, and $5.56 four days later.
Each day after the market close, we run multiple custom designed scanning algorithms that provide stocks for the next trading day swing trade list. If you would like to become a member of our swing trade service, the membership options are listed below.
Here are the Stochastic Overbought stocks on 2-24-2017 for trading on 2-27-2017
Copyright dailystockplays.com All Rights Reserved