Showing posts with label TUBE. Show all posts
Showing posts with label TUBE. 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


Monday, November 24, 2014

Opened ESI, TUBE, EXAS, AVNR

ESI: Looked ready to resume the uptrend.  It bounced off of 8. which provides support
Entry: $9.16



Tube  Staged a nice reversal after hitting support
AVNR: nice range expansion.  Good action going into the close
Entry: $14.40
EXAS:
After some contraction, EXAS got a pop.  It gapped the open and then faded. As it got a late burst of strength I bought.
Entry $24.23


Monday, November 3, 2014

Closed: TUBE, YOD, Day trade BABA

Today was kind of a a "meh day."  I didn't get much traction on anything.  I closed 3 positions for a total of 1R profit.

First Tube.   This was just a disappointing trade as it had potential but faded once it looked it would gain traction.  I really dislike b/o faders.  So I banged it out.  This needs to set up as a flag again and I would bet that it is going to take 15-20 days before it is ready to breakout.

Trade Summary
Entry: 15.09
Exit: 15.43
+ .26R

My entry was relatively poor in this stock as an entry at 14.80 should have been had.  But what ever, this is what it is.


YOD:
On the Short side my fade of YOD played out perfectly.  I bought it in as the volume started to dry up.  I had set a buy order at 1.86 last night--turned out to be the LOD.  That being said, so did some other traders and I didn't get filled there I got filled.  I banged it out at $1.94

Entry: 2.19 avg
Exit: 1.94
.58R

This one worked out well.  No need to be a hero or wait for another .20.
BABA:
Baba set up for a nice breakout. 101.20.  It made a nice run after word hitting a high of 102.80.  I am very adverse to b/o fades and I hate taking a loss after I'm up over a pt in a stock so I moved my stop to 101.75.  Although that held for most of the day a late day plunge took me out -- filled at 101.77
Trade summary
Entry 101.20
Exit: 101.77
.18R  BABA then decided to surge on A.H. trading as traders wanted to get in before earnings.  I thought I saw a 105 print which would have been good for at least 3R from my entry.  Oh well--protect capital first.



Thursday, October 30, 2014

Opened TUBE VTAE AVNR

A busy day as there were a number of setups I really liked.

Tube
A recent IPO that has had an orderly pul l back and a great breakout.  Now it appears that the back test was successful and when selling looked to be ending I took a position as it went positive
Entry $15.09



VTAE
A recent IPO that has shown some power. After checking down and retesting it went higher. This one has good potential.
Entry:
$13.70 ,  I bought higher that I would like. For that reason I didn't put a lot of size on .  I still think it makes a run towards 17 and for that reason I was willing to pay up for it.

AVNR
This is the move I was waiting for out of this pattern.  A great Bull Flag that was wrapping around higher like AGIO did before it burst out.  In at 13.01