After a promising start an uninspiring day for me. Got stopped out of PCCC (14.5) and ACOR (23.98) and exited DXPE and ICE at reduced profits. Hope it went better for you all.
Didnt chase ACOR even when it went ADU by 7:30; got filled at $24. FRV at EOD but didnt peak; we'll have to see tomorrow and the next few days. cheers
Admittedly, i wasn't that excited by the look of the chart; top channel ceiling looks to be at $25 drawn from Feb high. Stoch 14 is "intertwined" Stoch 5 appears is about to cross. MACD is at -0.30 (-0.26 prior day). Bought it primarily when it was able to DU and FRV for the day. Just like i did with XING. Volume trend has not followed the price higher; last volume thrust was on feb 22nd before it went down. This is where I got torn: take the trade because it DU'd or not because the chart didnt look pretty... and look to short instead playing the channels ($25 to $17 swing). comments are absolutely appreciated. Wonder if I havent thrown away may bad habits yet! LOL cheers and thanks
got into FRPT at 22.08 with 900 shares today. i got FRPT from dong the entire market culling... and it reached dryup low band by 10:15..... and later at the close, it reached FRV so i held it.. well guess what? this stocks went all the way up to 25.59 in the afterhour becase of this HUGE news: http://yahoo.reuters.com/news/artic...4-23_23-02-55_N23340460&type=comktNews&rpc=44 I am still holding eventhough i could've got out afterhour with $3,000 I might hold this one for a bit depending on how well it performs tomorrow. that was some unbelievable luck right there. haha This might be a stock to keep an eye on tomorrow. The news just came out afterhour today so not everyone knows about it, not to mention the shorts that were in this will have to cover after the stock shot up 18%... could be a real nasty squeeze and an interesting stock to keep an eye on tomorrow.
There are many stocks in the "Energy-Other" group like JASO, SOLF, SPWR, FSLR that are on nice runs w/ high oil prices/green emphasis.. are you guys breaking from the discipline of the FU to take profits from these types of hot sectors? Keep the posts going..many of us are just watching trying to learn.
Very nice!. Such things happen to one with a positive expectation method. One has to allow them to happen by implementing one's plan.