June 19

Decent day, SEDG was my star holding but I elected to sell it into the close.  This is one I will continue to follow as pull backs entires should be considered

Entry:38.50
Exit. 42.57.

This one was on fire on Friday.  It's bursting out but I close into the rally at the end of the day.

REPH:
Entry: 13.25
Exit: 13.72 --- This wasn't able to push higher and it was starting to feel like I was sitting on a Jenga tower.  I'll close it here and watch for it to flush and backtest.

VIRT: no follow through
Entry 24.39
Exit: 23.21

TROV:
Entry: 11.48
Exit: 11.58,  wasn't able to show strength after the wash out, so I'm out.

June 18.

Big IWM / BIB breakout

Bio-tech booming:

And the Index everyone thought was underperforming just broke out. hmm

Another profitable day in a profitable month.  I've done a good job of cutting losers and mediocre trades.

Closed:

LIFE

Entry: 22.43

Exit: 22.60  basically breakeven as this was just never able to get going off the support line, which is not a good sign for this one. 

LAKE:

Still making post earnings adjustments and it ran my stop.

Entry: 12.30

Exit 1: 13.00

Entry 2: 12.09

Exit: 11.56  --- Although this ends up a loss.  I kept the discipline to keep it small, which can be hard  to do when you're on a winning streak.

TROV:  This is the one I'm most disappointed in, as I thought there was a good chance this would get back to the highs after bouncing off.  Instead it re-visted the support.  However, I moved my stop up and was stopped out for a  .29 gain.

When it ran to 12.70 this morning I thought it was off to the races but instead it was a fade all day:

Entry: 11.96

Exit: 12.25

A week 2 should be positive after such a great breakout.  This week was not a good sign. 

INUV: This feels like it stalled and volume has dried up.  Sure it could still go but this is not a high conviction trade for me so I'm out:

Entry: 2.97

Exit: 3.07

New positions:
DWRE: 70.26 --- great breakout RSI at levels which launched previous monster run.

Monthly:

ZIOP: Took out the weekly

But more exciting is the monthly breakout

Entry: 11.82

REPH:
Entry:  13.25

Increased size EHIC 19.96
Size Reductions: SEDG 39.43  SSNI 13.77

Monday June 15

TROV
ENRY: 11.29
Exit: 12.51

Stopped off the initial break
Re-Entry: 11.96

SSNI
Entry: 13.67

AAOI:

Entry: 19.25

Closed:

SEED 

Entry: 2.63

Exit.  2.76  --- Just never ran as much as I wanted.  Playing for dimes is a distraction so I decided to close it. 

June 11, What a difference a day makes.

Yesterday was a frustrating day as my dip buys in EHIC were under water and I had two stocks -- FRSH, FOLD announce secondaries.  And I was down slightly despite huge pops in the average.  It's no fun seeing everyone else's train take off and your stuck at the station.   What a difference a day makes.

Today turned out to be a monster day despite some pre-market storm clouds.

I kept my head in FRSH and FOLD and did not panic as they opened lower.  Both rallied from the opening. (I did sell out a bit of FOLD @12.72.)

FRSH opened down 17.70 but then rallied.  Pocked pivot on the weekly,  I prefer the clean break but the RSI is high enough and it's close enough to cheat on the break point.

It's ability to bounce back proved its worth.  And the weekly breakout looks very much intact.

Speaking of bounce backs.   This one could be a monster.

On the downside, I got stopped out of HDP as it just could not get going.  Still no >27 close.
Entry: 27.28
Exit: 26.04

PBMD:
Just couldn't get going over past few days.  I have no interest in waiting... and the news today was just embarrassingly lame for this stock.. They got a tax credit in France.  That was worth selling this company in itself.
Entry  2.16
Exit. 2.08

INUV: This is why I buy timid breakouts.  Many times they might trigger my alert on low volume.  But  they can still get going in a fierce way later in the day.  INUV ripped from this point hitting a high of 3.22.   With the high close taken out, there should be more to come.

Entry: 2.83  

MBLY: Another one firing on all cylinders.  I do love the second run on IPOs.

Entry: 49.46.   I should have been in this $1.00 earlier  but With a weekly breakout you don't have to be as precise to make $.  This one has shown what it could do right out of the gate as an IPO.  Now for a re-rerun.

KITE:

I added to my July 65 calls  position as there was another bounce off the breakout point.  But still no upward thrust.   Tomorrow?

Finally, I'd be remiss if  I didn't post TROV ---fantastic second breakout. 

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.

May 27, Sell off held in check.

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.