Swing trading portfolio opened today: 100 CRM @ 152.14 400 CRC @ 40.32 400 MDCO @ 40.26 200 SIG @ 67.68 All long positions. 6 to 8 weeks time horizon. Let's rock and roll!
You bought all 4 at the closing price? Nothing like buying a stock after it closed up 25% for the day
I'm with you on one of those positions, and had a resting order unfilled on another. I've looked at all 4 during the last week for bullish entries....and just looking back at MDCO, I'll be following you on that tomorrow with an early nibble that I can build into. Nothing wrong with buy high, sell higher. You can't make new highs without knocking down old ones. I have a feeling taojaxx will be looking clever if stops and targets are appropriate. (I also think he's got similar scanner settings to me).
CRM - I guess you entered when CRM made new high. MDCO - where is market heading? It seems not to go up, also not to go down all the best mister.
I hope you are using paper money, because the Swing Gods for those stocks are pointing the other way! Nevertheless, I wish you the best.