$GERN Trade Review - Trading Gap Fills

Kunal
Desai
September 19, 2012
How to trade stocksbows-opengraphTrading-Watch-List

Today we traded $GERN in the chat room for $280 in profit. Here's a review of what I saw in this stock and why the trade worked.There were three things I liked about $GERN when I was scanning:1. Multiple taps of $1.562. Gap fill at $1.56 (typically when a stock starts to fill a gap on a chart it won't stop because there is no immediate resistance in the way. However, this 200 DMA provided a bit of resistance on this gap., so that is why I chose to sell it there)3. Expanding volume on the chartFor these reasons, the entry was easy on the chart and the exit was even easier. The 200 DMA overhead at $1.71 was my target. The moving average basically drew the stock to it and that was the major resistance, so that's where I chose to sell my stock.I can teach you how to trade gap fills and a whole lot more! Email me at maribeth@bullson.ws

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