Showing posts with label MOC. Show all posts
Showing posts with label MOC. Show all posts

Wednesday, January 28, 2015

Closed HYGS, MOC, SBUX.

HYGS and SBUX showed signs of potential but faded. 

HYGS: could not hold the breakout. Got out.



Entry 15.29
Exit 14.65


SBUX: 
SbUX  looked like it was going to pop this morning as it broke but then faded with the market.  I held my stop and took. 
Entry: 88.77
Exit 87.73





MOC:

Entry 3.08
EXIT: 2.38 for a 2% portfolio hit. 
I thought this was a perfect fish hook set up until it got crammed back down.  I should have been tight on the stop but it was not a large portion.  The problem was less price moved against me but that the volume is gone.  I see no point in waiting for things to turn.  

Monday, January 26, 2015

Position Summary RESN, MPG MOC, PLNR

From time to time it is important to take stock of existing positions. Here are my holdings not including the positions I opened today. 

RESN:
Here's my star performer and I believe in everything I've been seeing in the action despite how difficult it might be to hold this on day-to-day basis.  Looking at the weekly it has made it much more clear.  I've bought a lot of this one. 
Entry 1: 9.26
Entry 2: 9.05
Exit 1: 10.90 (partial
Entry 3: 10.40
Entry 4: 11.79
Entry 5: 10.21


MPG: A recent IPO.  It's thin, but it is showing some life. I like that it has scalloped out a bottom and appears ready to push higher.  A close above a new weekly high would be the sign to add to this but right now. I'm content with a trial position

Entry: 18.95 

PLNR:
When pull back buys work, you look so smart... especially after a move like today.   This was an easy trade in the since that it had a clear defined point where I would take the loss if I were wrong. I figured that there was a decent chance of holding the lows.  
Entry 7.03




MOC
This is the only position that I'm down in from $3.08.  I was looking for a Fishhook but that faded. MOC  has shown that an ability for power but the volume has now evaporated.  I would add but the volume has really waned

MOC popped after catching a very large contract from the USPS.  I like the theme of private security after the French terrorist attacks and the fundamental are very much aligned for a higher move...if only the volume comes in.  If it drops below 2.40 I'll thrown in the towel.