Category: 20 day ma
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Today’s Entries: NFLX and ADM
I entered NFLX and ADM today. NFLX has pulled back to the 20 day ma, oversold, and is trending nicely. Could be a pivot level, though the risk is pullback continues to the 50 day ma.
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Monday’s Gameplan and a Look at Some Energy Plays
Not much has changed for me heading into this week. I still plan to short strength and cover weakness. Much of the market is looking oversold, so I won’t initiate anymore shorts until I see a decent sized bounce. I am interested in watching for longs in energy, especially oil…
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Today’s Trades, Watchlist
I sold all 600 shares of QID at $50.61 (entry at $49.85) for a $456 gain (+1.5%). I exited before hitting my target price. I’m worried that the recent strength in semis could lead to an upward breakout in the Nasdaq. I bought 100 shares of GS at $214.45. It…
Paul J Singh 