Showing posts with label ISNS. Show all posts
Showing posts with label ISNS. Show all posts

Monday, December 8, 2014

Closed OREX, ISNS, MPAA, TUBE, GMCR,YRCW, AMED

Lots of selling today.  524 stocks down greater than 4%.  Unfortunately, I owned several of them.  I got knocked out of a bunch of positions as stops were hit.  That's trading. So here's the damage:

OREX-- This was the first to go.  It's breakout never really got going.  This hasn't really broke down...yet. But I didn't go into this trade to wait for 4 weeks in hopes that its move would resume.  I'm perfectly fine getting out here.


Entry: 6.09
Entry 5.94
Closed 5.68

ISNS, This actually made a run after gapping down but it was not to be. It was sold off and I'm out. My mistake was selling my second lot, more than buying my third.

Entry 1: 3.08
Entry 2: 3.01
Entry 3:  4.02
Exit 1: 3.21
Exit 2: 3.04
Exit 3: 3.55

MPAA
This was a breakout trade that got slammed back down.

Entry:35.65
Exit 33.80
-.9%R

TUBE:
This was a decent trade.  I stayed committed to my plan to use the 6EMA as my stop, which meant I moved it up.  As the market sold off, TUBE was closed



Entry 15.86
Exit: $16.75
+.6R

GMCR

I closed my short out as out GMCR was down 6 days in a row. Since it did not appear this morning that we would have the selling we did this afternoon, I figured there was no sense in pushing this trade farther.  I had traded it nicely
Entry 140.72
Exit. 131.90
1.5%R


YRCW
Another Breakout slammed back down.
Entry: 24.92
Exit:  23.95



AMED:
I bought this on the B/o this morning.  I played it with a tight stop as I figured a true breakout shouldn't go red on breakout day. This one was crammed down.

Entry: 26.89
Exit: 26.26


Wednesday, December 3, 2014

Opened ISNS

I opened ISNS at 3.03.  This is a play on the police cameras and Ferguson developments.  When the Ferguson story initially ams out ISNS made a move from 2.25 to 10. Not that I'm looking for anything close to that but it shows what can happen when a 4 million float stock catches momentum. Any big movement in names like DGLY and TASR could spill over in a big way as it did before. 

ISNS got a big move on higher than average volume yesterday.  Today, ISNS fought off a pull back and closed relatively strong.  That has the potential for the Fishhook setup. Here I can risk .20 and perhaps catch a parabolic move. 



Tuesday, September 2, 2014

Partial Close: VDSI, DAY TRADE: ISNS -- Falling off the bull before .08 seconds.

Nice continuation out of VDSI, I sold half of the position.  Why? Profit protection I suppose. That being said, I've had a difficult time staying on the bull for the full 8 seconds: