VIX -- found its way back into the channel. I wouldn't be surprised however if it made bounce on the red RSI line and tested the gap. That said momo is back in fashion.
Got the morning gap in several names I bought Friday. FEYE, sold the gap and then re-bought the position
Entry: 49.53
Exit: 50.75
Entry 2: 49.85
Some positive action on the RSI, but momo looks like it is slowing a bit.
FOLD:
Another morning gapper, sold off a portion in the AM and remainder on the fade.
Entry 14.46
Exit 1: 14.85
Exit 2. 14.60
NEM short-- sold off but then bounced back. Moved my stop to in the money and was hit.
Entry: 22.48
Exit: 22.29
GLOB:
Entry: 31.08
Exit 1: 32.42
Exit 2: 32.82
SHOP:
Entry: 30.41
EROS:
Entry: $28.58
CARA: weekly breakout. I was a little confused on this one as it lagged for much of the day, so I cut my position size. But when it broke out past the previous day trading range
Entry: 13.15
Exit 1: 13.27
Entry 2: 13.53
Hourly
Entry: 151.97
Exit: 153.37
FIT:
Entry 44.11
stopped 43.18 -- small position off the hourlies. Didn't work as this one became crowded as everyone was looking for 45.
EYEG: Lottery ticket
entry 6.70-- Signed a deal with VRX
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