Tuesday, June 2, 2015
June 2.
Cut size on ONTY This is a stock that should have every reason to sell off to the $3.50 base... but it hasn't that's a very bullish sign. Gaps can act as support.
That said, I needed to reduce position size to give this trade a change size after this didn't immediately pop.
Entry 4.09
Exit. 3.87 (1/2)
STV: I jumped the pattern soon and realized my mistake soon afterwards. No reason to compound a bad trade with a bad decision.
Entry 5.14
Exit. 4.90
Now that the losses are out of the way. Boom time:
I scooped TANH as low as 12.25 last week. Monster. breakout. So I sold because that's what I do.
Entry 14.66
13.64
12.25
Exit 1. 15.35
Exit: 16.66
New Trades:
LIFE: Weekly IPO breakout. This is the second time I've traded this stock. But I admit it scares me. Massive spreads, thin, but oh so powerful.
Entry 24.95.
ZAGG:
Weekly breakout, oh so powerful
Entry 10.08
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