Showing posts with label EXAS. Show all posts
Showing posts with label EXAS. Show all posts

Thursday, December 4, 2014

Opened EXAS, RGLS, PLNR

EXAS crashed through resistance at 25.20 . I picked it up at $25.37.   There was nice action on the close.  I like the base it has launched from.  The gap was thoroughly tested and held, now its time to go higher. 


PLNR
I've watched this stock hold its gap repeatedly and then consolidate. I bought today as it broke range 7.79.  It ran to 7.99 but sold off. Not thrilled with the action into the close but we'll see as the broad market sold off as well.

RGLS
I bought this into consolidation.  This is could be a decent continuation play.

Friday, November 28, 2014

Closed EXAS

I closed out EXAS after 3 unsuccessful attempts to closed over 25.20 in a row.  This move reversed today. So I figured it was time to move on.

Entry: 24.23
Exit 1: 25.17
Exit 2:  24.80  
+.37R

Not a great trade by any means. But it proved what i wanted to prove which is buying range expansion following a narrow ranged pull back can profitable with low risk. I didn't get in this trade as early as I would have liked I should have been .70 earlier.  Thus, I took a reduced position size into this trade.  I did get a nice follow through but when it failed to break through 3 times. Especially after giving back nearly all its gains today, I figured it was better to play defense.  So I sold and I'll move on.


Monday, November 24, 2014

Opened ESI, TUBE, EXAS, AVNR

ESI: Looked ready to resume the uptrend.  It bounced off of 8. which provides support
Entry: $9.16



Tube  Staged a nice reversal after hitting support
AVNR: nice range expansion.  Good action going into the close
Entry: $14.40
EXAS:
After some contraction, EXAS got a pop.  It gapped the open and then faded. As it got a late burst of strength I bought.
Entry $24.23