Intraday/Swing Plays

Sold 700 PQE @ 42.70
Profit: $1,722

Still long 1,000

 

Any clue as to the noontime SBUX belch?

 

Looks like a few large blocks were presented to MMs and they gapped it down temporarily. Not sure if that was the only reason.

PQE looking Strong.

 

Closed 1,000 long PQE @ 43.61
Profit: $3,370
Total Profit on PQE (all 1700 shares): $5,092

 

PKS - Buy
High Volume on breakout. Hitting new highs since Sep. lows.
Support @ 15.10
Target @ 19.75

 

Bought 2,000 PKS @ 17.00

 

Take a look at OVER. It went on a ferocious stop popping rally. Probably from such a long downtrend. I luckily moved my stop down and covered my position at an average of $28.40 and went long.

 

I've been watching OVER....watch out if you're still long. I'm thinking about taking it short. It should fill that gap up soon. There was no news to cause that much momentum so MMs are playing it and will cover their longs in the near future most likely.

 

Sold my long position in OVER at $30.25 for a $1.85 profit. Hard to tell if this end of day rally is real or just a fakeout.

 

I don't know anyone who went broke taking profits.....nice play on OVER! I wouldn't worry that it's still running. This stock is very volatile right now and is in the gambling stage. I'm waiting until the morning to see what shakes out overnight and pre-mkt.