{"id":14563,"date":"2011-09-22T11:47:22","date_gmt":"2011-09-22T15:47:22","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=14563"},"modified":"2023-04-10T15:35:30","modified_gmt":"2023-04-10T19:35:30","slug":"another-spencer-special-%e2%80%93-smb-radar-play-of-the-day","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/another-spencer-special-%e2%80%93-smb-radar-play-of-the-day","title":{"rendered":"Another Spencer Special \u2013 SMB Radar Play of the Day"},"content":{"rendered":"<p>We had a Spencer Special again today using the Radar (these happen a lot).<\/p>\n<p>As <a href=\"http:\/\/twitter.com\/#!\/smbcapital\/status\/116138129785753600\">we have said<\/a> in the past, at 10:30am we look for stocks that are trending. We use the Radar to scan for In Play stocks that are consolidating near important levels. This allows for proper risk management (stops that make sense).<\/p>\n<p>Today we noticed $BEN was very In Play, top Weak Today, top Down Trend on the Radar. Then the Spencer Special set up came into play.<\/p>\n<p>The beauty of this play is its\u00a0simplicity, here are the requirements:<\/p>\n<p>&#8211; The stock is In Play<\/p>\n<p>&#8211; Top on the Strong or Weak Today column on the\u00a0<a href=\"https:\/\/www.smbtraining.com\/blog\/trader-90-trader-365\">Radar<\/a><\/p>\n<p>&#8211; Is above \/ below an important level<\/p>\n<p>&#8211; Is consolidating tightly for an extended period of time<\/p>\n<div><a href=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/09\/9-22-2011-11-36-02-AM.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-14564\" title=\"9-22-2011 11-36-02 AM\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/09\/9-22-2011-11-36-02-AM.png\" alt=\"\" width=\"411\" height=\"419\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/09\/9-22-2011-11-36-02-AM.png 734w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/09\/9-22-2011-11-36-02-AM-294x300.png 294w\" sizes=\"auto, (max-width: 411px) 100vw, 411px\" \/><\/a><\/div>\n<p>$BEN gave us all of these today around 10:30am. As I write this it hit my target of 101.50. I&#8217;m sure patient traders like CB are still in it.<\/p>\n<p>&#8211; \u00a0@tarhini_smb, trader<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We had a Spencer Special again today using the Radar (these happen a lot). As we have said in the past, at 10:30am we look for stocks that are trending. We use the Radar to scan for In Play stocks that are consolidating near important levels. This allows for proper risk management (stops that make sense). Today we noticed $BEN &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/another-spencer-special-%e2%80%93-smb-radar-play-of-the-day\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":290,"featured_media":14564,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,1395],"tags":[1376],"class_list":["post-14563","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-comments-2","category-smb-radar-update","tag-p"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Another Spencer Special \u2013 SMB Radar Play of the Day | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/another-spencer-special-\u2013-smb-radar-play-of-the-day\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Another Spencer Special \u2013 SMB Radar Play of the Day | SMB Training\" \/>\n<meta property=\"og:description\" content=\"We had a Spencer Special again today using the Radar (these happen a lot). As we have said in the past, at 10:30am we look for stocks that are trending. We use the Radar to scan for In Play stocks that are consolidating near important levels. This allows for proper risk management (stops that make sense). Today we noticed $BEN ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/another-spencer-special-\u2013-smb-radar-play-of-the-day\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2011-09-22T15:47:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-10T19:35:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/09\/9-22-2011-11-36-02-AM.png\" \/>\n\t<meta property=\"og:image:width\" content=\"734\" \/>\n\t<meta property=\"og:image:height\" content=\"748\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"smbcapital\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"smbcapital\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/another-spencer-special-%e2%80%93-smb-radar-play-of-the-day#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/another-spencer-special-%e2%80%93-smb-radar-play-of-the-day\"},\"author\":{\"name\":\"smbcapital\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/57cc9affbbb6763e0012594ad884b25a\"},\"headline\":\"Another Spencer Special \u2013 SMB Radar Play of the 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