Momentum Day Trader

Long on HANS

 

Long on BIIB

 

Would 55.44 be the bounce for BIIB already?
(0.618 of 55.78 high and low of 55.20 is 55.42)

If that doesn't hold, the next support level I see is:

1.618 = 54.84
2.618 = 54.26
3.618 = 53.68

 

I'm done trading for the day. Here are my PL figures for the posts I made today (part 1 of 2). PL for the day +1070.

 

PL for July 13 (part 2)

 

Just FYI but I'm taking home URI over the weekend and holding for a swing, I like the source behind this rumor and feel it can still get bought out for around $40

 

The URI rumor is coming from a very strong source and I will be holding it for a swing -- I believe it can get taken out in the $40's.

 

Awesome, thanks for the journal, I'll be sure to check in daily to see your progress.

You drink lots of coffee don't you? You've got quite a bit going on..

 

momo

Nice journal and your commentary on why you took each trade was nice.

Keep up the good work.

 

Yes very nice journal man. I just had to respond after I saw the URI rumor posted here because I am VERY confident in this one!