Showing posts with label VDSI. Show all posts
Showing posts with label VDSI. Show all posts

Friday, January 2, 2015

New Year, New Trades, opened MARK, RESN, VDSI short

Opened MARK
I opened Mark at 5.23 on this weekly breakout. The volume was very impressive.  Float is 7 mill.
On the daily, a volume surge out of the down trend.

I felt this is worth a go, as the battle lines clearly drawn.  I don't think this is a one and done type of move. Interestingly, nearly all the volume came in at the during the second half hour of trading.  I'm not sure what that means.

Added RESN:
I doubled my RESN position on the pull back, which turned out to be a great place to add:


Stop I was stopped out a VDSI on the long side, but I used a double stop which flipped me to net short:
The failure to make a new high is not a good sign for this nor was today's bearish reversal.  I've noticed a lot of leading stocks are failing b/o  and then fading.  This suggests that we are probably gearing up for a bearish move down.

Long Trade:
Entry: 29.04
Exit 1: 28.62
Exit 2: 27.21

Short Trade:
Entry: 27.21







Saturday, December 27, 2014

Opened DDD, VDSI

I bought the Range Expansion in DDD today,, As I believe this move is likely to continue. I like that the Risk is Defined here with 3 bars having lows at 30. 
I also bought VDSI.  This one is very much in an uptrend in a hot sector. The weekly chart shows a 3 bar pull back followed buy a bullish expansion. Not a great entry on the daily chart




Wednesday, September 3, 2014

Closed: VDSI

VDSI: This breakout put in a nice second day but never really kicked it into high gear.  I decided to close it out.

Entry: $14.73
Exit: 1. $15.28
Exit 2.  $14.95

Not too much to say about this one.  Small size going in, Small gain going out.  .3 R


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:





Friday, August 29, 2014

Opened: VDSI

VDSI made a nice move out of its consolidation range, which produced a nice buy signal  This type of set up can work well in tougher market conditions.  VHI had a similar setup last week, which produced some very nice gains.