Today I booked a bunch of profit and closed a few positions to manage risk.
RAD:
Nothing against this chart but with earnings on deck and only a small gain, this was not a binary risk I want to take. Closing it out for small change.
Entry: 8.65
Exit 1: (20% reduce position size) 8.73
Exit 2. 8.78 +1.5%
LBIO:
The gas is coming out of this one a bit. a Couple of moves to the upside failed. I decided to ring the register as this one looks like it needs some rest before going higher.
Entry: 11.09
Exit: 12.65 +14%
ADXS:
The Week 2 move has been less than impressive. Since the thrust has stalled in week 2, I'll get out with a decent gain and look for a retest of the b/o.
Entry: 13.90
Exit 15.38 +10.6%
VLTC:
This was a high risk trade given my entry, I was sized small with the plan of adding if it got going. It never did although I thought there was a chance that this could have blown the doors off on a short squeeze but the thrust couldn't keep the momo going.
Entry: 4.44
Exit: 3.95
MRGE:
I normally do not sell the first day breakout. But I took a partial here. MRGE exceeded my expectations
NEW BUY:
RGLS:
Entry 17.60, A.H. . I need to be a bit more patient on news driven trades. My thought was that the news gets this running out of this Flag. Small position.
Showing posts with label RAD. Show all posts
Showing posts with label RAD. Show all posts
Tuesday, April 7, 2015
Monday, April 6, 2015
Existing positions: LBIO, ADXS, MVIS, RAD, SUPN, VLRS,
LBIO. My buy at 11.09 off the MA bounce is looking good. It pulled back slightly today, disappointing after an early AM run.
ADXS:Another dip buy that looks good in at 13.90. The weekly breakout looks ready to make a thrust.
CAPN: A gap and drop today. I added increasing my cost basis to 7.18. The retraces are difficult to stomach unless you have a plan and I consciously made that decision The weekly breakout is intact and the the gap is now filled. Now a bounce would be appreciated.
MVIS:
Holds steady. Looking for that 3.20 to hold and to re-set the stage for higher prices.
RAD:
A small move today, but I want to see the range expansion that pushes the RSI over 70. Over 9 could start moving quickly
VLRS: After two weeks of lower prices that retested the weekly breakout point, VLRS bounced back in a big way. This is now set up for a week 1 b.o.
SUPN:This is looking like a back test to the BO might occur rather than the continuation but the bigger trend is defiantly up. So the plan is to buckle up and ride it out like on VLRS.
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