Showing posts with label CMCM. Show all posts
Showing posts with label CMCM. Show all posts

Saturday, June 6, 2015

June 6.

 Equity up 4.79% on the week.  As good as it was, I misplayed my Friday trades. Selling ANTH and EhIC too early 

ANTH:
Entry $6.08
Exit, $6.43 -- sold the gap.  Should have  continued to monitor after gap was filled. This was a rocket. 


CMCM:
Entry: 33.73
Exit:  34.83

EHIC:
Entry: 16
Exit 17.02

Entry 2: $17:71  (I misplayed this a bit, nailed the breakout but the pull back shook me.)  I recognized the strength of this stock so I got back in.



Add

JD:
Entry: $35.78
Nice clear of the weekly breakout level.



Thursday, June 4, 2015

June 4


EHIC-- weekly breakout on an IPO, love these
Entry $16.00  
Great first day rip.

WOWO:
the company provides local service providers with a platform where they can open online stores and sell their services or products directly to the end-consumer. In that the company has assisted many local service businesses in launching stores online, WOWO is frequently compared to Tmall by industry insiders. 

Entry: $12.00 this got a rip but then got stuck.  Held well at that point considering overall marketed.  I actually expected this one to take off more than EHIC but oh well.  

This was all a first hour rip. Curious.

ANTH: Entry 6.09
Update.
after close: ANTH announced
today announced that additional data from its Phase 2b PEARL-SC study will be presented in a poster at the European League Against Rheumatism (EULAR) Annual European Congress of Rheumatology in Rome, Italy. -


It then ran to about $6.50 which I used to take a partial exit.

Closed:
PFNX,  (avg. 18.85
Exit 18.92

This was a terrible trade for me as I let a good winner turn into a break even trade.  I need to remember, sell the rip and wait for the re-entry to materialize.

ONTY:
This couldn't hold my line so  I got stopped out for a loss.
Entry 4.09
Exit. 3.83
ZAGG: This breakout failure surprised me.  This is a setup that typically works. This time it didn't
Entry 10.08
Exit: 9.66

EMES: stopped out on my short:
Entry: $39.35
$40.45 (shitty fill)


Current positions
FEYE: Didn't love the gap fade today, but perspective:  My monthly breakout buy at 44.85 has progressed nicely.

TROV: This had looked like another explosive move was going to begin but it got faded. I do like that it bounced into the close perhaps a successful back test
Weekly nice ascending consolidation.  slightly positive on the position as of today's pull back.
RELY: Bought yesterday had a run but got stopped at 12. Still looked prime.

CMCM: Held range pretty well after a failed morning run.  I like the look of this.

Wednesday, June 3, 2015

June 3,

It felt like a pretty pedestrian trading day despite markets being up.

NEW Positions

Bought:  FOLD,  $12.55 premarket.

Gapped up on news, I knew where this was trading and realized that the gap would be a weekly breakout so I jumped---  Not a smart decision  because the gap got slammed.  That said, I'm encouraged because  FOLD rallied back up to day highs towards the close.

Daily:

RELY:  Recent IPOs--- I love these.
Entry: $11.71

Daily

Weekly: Obviously, has Big Gain potential.


CMCM: Looks primed and breakout point is right at target.
Entry: 33.74



CLOSED:

BOOT: This breakout failed
Entry 1 26.68
Entry 2: 26.15
added into the stop but retained stop levels.  If they had held I would be sitting pretty. they didn't

Exit 26.

LIFE:
Nice move following the breakout.
Entry: 24.90
Sold at 27.00
MYCC: -- too pedestrian without the bang this is susceptible to a big red bar.

Entry: 22.76
Exit: 23.03