Showing posts with label VIX. Show all posts
Showing posts with label VIX. Show all posts

Monday, July 13, 2015

July 13,

That's more like it.

VIX -- found its way back into the channel.  I wouldn't be surprised however if it made bounce on the red RSI line and tested the gap. That said momo is back in fashion.



Got the morning gap in several names I bought Friday.   FEYE, sold the gap and then re-bought the  position

Entry: 49.53
Exit: 50.75
Entry 2: 49.85

Some positive action on the RSI, but momo looks like it is slowing a bit.

FOLD:
Another morning gapper, sold off a portion in the AM and remainder on the fade.
Entry 14.46
Exit 1: 14.85
Exit 2. 14.60



NEM  short-- sold off but then bounced back.  Moved my stop to in the money and was hit.

Entry: 22.48
Exit: 22.29

GLOB:
Entry: 31.08
Exit 1: 32.42
Exit 2: 32.82
SHOP:
Entry: 30.41
EROS:
Entry: $28.58
CARA: weekly breakout. I was a little confused on this one as it lagged for much of the day, so I cut my position size.  But when it broke out past the previous day trading range

Entry: 13.15
Exit 1: 13.27
Entry 2: 13.53


Hourly

MLM--  sold as it was unable to regain strength.
Entry: 151.97
Exit: 153.37

FIT:
Entry 44.11
stopped 43.18  -- small position off the hourlies. Didn't work as this one became crowded as everyone was looking for 45.



EYEG: Lottery ticket
entry 6.70--  Signed a deal with VRX

Sunday, May 10, 2015

May 8 Trades:

With the Vix running into resistance on the hourly over the last day.




 expected that we would get a rally and we did.   The markets took off right from the open:


Still my first  trade was on the short side:

NDRM, was gapping up on some questionable news.  What I found interesting however, was that there was no volume -- it was gapping 20% on <2K shares trading... I started hitting the bit.   I was able to get filled at several points with a high of $13.30

Entries $13.02, $13.30, 12.75

Targeting the  gap  fill.  Stop b/e.



PTBI,  My end of day buy, did not work as well on D3 as it did on the previous two days.  I took small gain here

Entries 7.35, 7.42
Exit. 7.47


GURE:
Stopped out.  This was a case of size kills.  Because I put on the additional size on yesterday,  I had to decrease my stop.

Filled at 2.44

CYNI, Entry 4.62 -- Exit 4.64
This was exactly the chart pattern I look for. (fishhook is circled) .. but I learned after I got excited and took the trade that this was a buyout.   Given that my reason for the trade was gone, I had no edge so I closed this.