My trade journal was behind. Here's what I did on May 13 No trades since.
The S& P has broke to new highs... but the S&P is notorious for fake breakout outs
The TNA-- Russell with 3X the fun:
After a sharp breakout 3 weeks ago the initial breakout has held on the weekly. So was the sharp a backtest or a start to a pull back. --- Remains to be seen.
PTBI,
Entry: $8.85
Exit: $9.30
The overnight dream order worked well again. 5 for 5
GEVO:
$5.14
Exit 1.$5.44
Exit 2: $5.23
This was an earnings pop. I sold off 1/2 on the pre-market action. I was hoping to sell the second half into the opening thrust. It popped to 5.60s but quickly reversed. The remainder of my postiion was stopped out for a small profit.
BIOC
Entry: $3.08
Sold: $2.852
Breakout Failed again.
SSNI
Nice little base, I was looking for the Fishhook Entry.
LGIH:
Entry: 18.12 -- It looked like the break over 18 would get us going -- didn't hold.
Still looks good on the weekly in the flag.
Showing posts with label TNA. Show all posts
Showing posts with label TNA. Show all posts
Thursday, May 14, 2015
Friday, October 10, 2014
TNA bounce -- nope stopped out
I took a shot on a M/R trade on TNA has the russell looked like it was showing some signs of bouncing. The bounce was short lived. Set a stop at the LOD which was taken out.
Entry: 58.57
Exit: 56.60
Loss: 1R. Summary. Probably too much size given market conditions.
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