Stopped out NTES 45.50 - .80 Stopped out IMCL 38.6 -.26 Sold AKAM 12.90 + 1.03 Sold NVEC (yesterday) in two lots 51.9 +1.95
Appx sold at pivot, if it breaks through I can buy again. I protect the profit. The C&H can still fail.
I sold CALM today at 23.20 for a 3.38 gain. It appears I may have been a little quick on the draw. I had also bought EVOL on friday at 16.95 and sold today at 18.07 for a .1.09 gain. Long IDTI at 19.39 holdng, currently down .12 I went long NTES at 47.6 and got stopped out at 46.55 for -1.05. I went short CEDC at 31 and am holding now currently up .98 on the short. APPX gapped way over the C&H pivot. Tomorrow I will try a long if an opportunity offers itself intraday. How about TASR and NVEC. Wish I had those longs. Its too easy to make money these days going long. Throw a plastic dart at any Hi RS stock and it comes back 18 K. GPRO is at new highs and seems set to go higher. AV is about to break out. WHoever mentioned EGHT as a short, congrats. CELG and SGMA look good on continuation. Good luck all.
Here is a chart of stocks in the Russell 2000 closing over their 30 dma. It is a good breadth indicaotr for this rally. Internals like TRIN, VIX, McClellan Osc., the above, show an overbought condition developing.