nrib

Gap Continuation - Dynamic Materials Corporation (Public, NASDAQ:BOOM)

Todays' gapper list was short, and for the most part choppy, so I looked at some carryover from Friday's list. BOOM set up a low risk entry at the cusp of Friday's support level so I took the trade....

Dummy Gapper Trades - (Public, NYSE:NT) Bear Flag; (Public, NASDAQ:JAVA) Break of ORL 2 NRIBs

NT gapped up but immediately succumbed to weakness. It made a decisive move lower, briefly found support at the previous day high and formed a bear flag. Short after price closes below support of...

Gapper Dummy Trade - Amylin Pharmaceuticals, Inc. (Public, NASDAQ:AMLN)

AMLN, from the WL and the Briefing.com gapper list, didn't look compelling at the outset, but just before noon, it set up 2 NRIBs (NR7), so I took it short. I had planned to take a partial at the...

Gapper Double Play - Tween Brands Inc. (Public, NYSE:TWB)

TWB was an earnings gap from the Briefing.com list. It had a wide opening range, followed by a hammer reversal and a lot of backing and filling. Eventually I spotted, a bearish flag formation as...

Dummy Trade of the Day - Akamai Technologies, Inc. (Public, NASDAQ:AKAM)

Both of these gappers are from my watch list. I was looking for easy setups given today's news. AKAM gave me a trader friendly base and break in the direction of the trend following Friday's bearish...

Trade of the Day - priceline.com Incorporated (Public, NASDAQ:PCLN)

I added PCLN to my watch list after YR mentioned it in the comments in mid February re: its earnings gap. Today it carved out a NRIB - NR7 at the base of R1 and setup a perfect momo move. I took a...

Inverted Cup & Handle - Express Scripts, Inc. (Public, NASDAQ: ESRX)

ESRX from the watch list, formed an inverted C&H pattern around 1:00 EST. The pattern became interesting during lunch when ESRX carved out 2 NRIBs on declining volume. This was during the...

Dummy Gapper Trade of the Day - Canadian Natural Resource Ltd (USA) (Public, NYSE:CNQ)

A really good day.

Dummy Trade of the Day - priceline.com Incorporated (Public, NASDAQ:PCLN)

PCLN made a decisive move lower off of the open. 4/15 was shaping up to be a NRIB so I drilled down to the 5 minute and saw a few NRIBs with consecutive lower highs. Partial as price approached $123...

Narrow Range Inside Bars (NRIB) Revisited

A reader submits:Assuming all things constant and taking this illustration very simply (ignoring PP, MA, candlestick, etc), I appreciate your advice on whether my entry (dotted blue) would be...