Showing posts with label IMKTA. Show all posts
Showing posts with label IMKTA. Show all posts

Monday, March 2, 2015

New month, new positions, FSL, IMKTA, NOAH, IPHI, LEA

FSL announced a merger today w/ NXPI I'm looking for a merger EP that we've seen from other semiconductor stocks

IMKTA
Here was the moving I was waiting for and pounce on it I did. This was a great high volume move out of the consolidation.

46.73


IPHI,
The last time I tried this one, I took a loss.  I like set up here as it setup right off the 50MA tight consolidation and then the burst on above average volume

Entry: $19.23.
Stop $18.85


NOAH:
This one is just tightening and tightening.  I was looking for it to pop range today but that didn't happen.  I believe it will happen to the upside and I like that the range contraction allows me to take that bet with a tight stop.

Entry: 23.26

My LEA 115 March calls that I bought last week perked up with today's action as LEA has its highest close.  If I can get a continuation day things will look pretty good.