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How Day Trades Become Swing Trades. What to Look For

Today we cover two day trades that became swing: DKS and PLAB

Both companies had different premarket patterns:

  • DKS was down -30% following disappointing guidance
  • PLAB reported earnings, it was up +8%

By the end of the day, both companies had formed bullish reversal patterns: 

  • bullish engulfing for DKS
  • hammer breakout for PLAB

Watch this video to get the technicals and what to expect moving forward.

Good trading!


Trading Risk Disclaimer

All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is not an offer to buy or sell stocks, cryptos, forex, futures, options, commodity interests or any other trading securities.

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