(Friday bars are shown)
TWTR Add: 48.19
(earlier entry, 46.40) This trade is going proceeding exactly as planned. Thursday was a "shakeout day" as it took it up and then down $1.00. AAPL did this as well before proceeding higher. After seeing the rejection of the downside move again, I added to my holdings.
My stop was hit at I was out of this at 9.06. This one has gone volatile. Unfortunately for me this rallied up 10% from where I was stopped and I missed the run.
MA gor a very nice burst out of consolidation which breaks it out of a wedge. I bought the March 88calls @ 1.71. MA was showing some power on a weekly chart as well, I'm looking for a multi week move to $92-$95.
Out of the last 25% of my position as Box faded down to 20.08.
Exit 1: 20.05 (50%
Exit 2. 20.62 (25%)
Exit. 3. 20.08
(Note: BOX is currently consolidating and could present an excellent momo burst setup over the next couple of sessions. )
CDXS is a biocatalyst company that I've followed since their deal with GSK. It is still a relatively unknown company but with heavy insider buying. It recently has begun a breakout. It has pulled back to where I would expect it to so I bought at $3.43.
PFNX is recently surging (7 -13.50 in the last few sessions) which should cause traders to look at other plays. CDXS is well-positioned has top tier partners.. Stop on the position at 3.
I sold out of this one as it hasn't been able to get going to the upside. A couple gap fades makes me hesitant. I'd rather manage risk than wait for the b/o or b/d.
TASR gets in on the action a decent breakout from consolidation but TASR has been prone to some false moves so this is a small position that I'll look to get my stop into the money.