The markets gained back much of their losses from yesterday. Looking for another run at the highs tomorrow.
Sold:
LGIH
I was never that keen on this breakout. Perhaps its because It initially faded on me before breaking out. So at the first hint of a pull back I bailed. I need to trust my charts more.
The W1, was at 17.63, however, I saw that this had a number of shadows at the 18.00 level so I targeted a move above 18 for the kill.
I took it at 18.12.
Exit 1: 18.44
Exit 2. 18.35.
As I now look at this chart I see there was no reason to get out. But sometimes clarity only comes when the slate is clean.
AGEN: A great breakout. Given the rest period shadows I set my alert for the high on the past W2 (red bar) my alert was set at 7.32 but this one was quick so I didn't get it until 7.47 and I knew I wanted it so I paid up to 7.49 for the remainder of my position-- a wise decision this was decent all day.
Hourly: getting to some very overbought levels. To that end, the plan is to take partial profits into the initial opening thrust. Should go over 8.
TROV: Back into TROV has it had a successful back test and has ran back into consolidation. This one has already proven itself
Big Picture: I caught the big breakout early this month. It looks like it has an ascending base here. Since the back test was successful, a another burst could follow.
Entry: 11.29
AAOI:
Yesterday I sold a portion of my AAOI position into the thrust over 19. Today, there was weakness (expected after a 16% move) and I was ready to pull the trigger to buy my position back. I got it at
18.18 --.12 off the low -- a decent pop followed.
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ReplyDeleteThe new charts look awesome
ReplyDeleteThanks. They are from http://tradingview.com. Much easier to work with than Stock charts and finviz,
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