Wednesday, January 28, 2015

Closed HYGS, MOC, SBUX.

HYGS and SBUX showed signs of potential but faded. 

HYGS: could not hold the breakout. Got out.



Entry 15.29
Exit 14.65


SBUX: 
SbUX  looked like it was going to pop this morning as it broke but then faded with the market.  I held my stop and took. 
Entry: 88.77
Exit 87.73





MOC:

Entry 3.08
EXIT: 2.38 for a 2% portfolio hit. 
I thought this was a perfect fish hook set up until it got crammed back down.  I should have been tight on the stop but it was not a large portion.  The problem was less price moved against me but that the volume is gone.  I see no point in waiting for things to turn.  

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