Category: buy the dip
-
I just missed out on a $1400 gain! (and NOV trade)
This morning I placed a buy stop for 100 shares of BIDU at $305, using my “buy the weakness” strategy for the stock. As you can see from the chart below, the stock dipped to $306 before rocketing to $318. Trading can be a frustrating game. I’m going to have…
-
Today’s Trade (FWLT), Market Notes and Off-Topic
I bought 100 shares of FWLT at $129.26. This is a small feeler position and I will buy more on a pullback into the $125-126 range. To the upside, I will buy more on a break of $135. Note that this is a position trade with a longer time frame…
-
20 Stocks to Buy on the Dip
The following 20 stocks are at the top of this week’s watchlist. I plan to remain patient and only buy on dips close to support levels. JASO, LULU, DRYS, NILE, CF, FSLR, FCX, EXM, BHP, CMI, AGU, SINA, CTRP, PCU, EWZ, FDG, SID, LIFC, FLR AND CPHD.
-
Six Stocks to Buy on the Dip
Of the 100 stocks on my focus list, I’ve identified 40 that I like as buy the dip plays. Here are six of them:
-
Gotta Love the Dip
Today’s dip was exactly the type of day a pullback trader loves. It’s been tough the past few days having to chase stocks. We needed a light volume pullback, and that’s exactly what we got. It’s a good time to start thinking about entering some small probing positions on momentum…
-
Trades: EWZ and JOYG
I am posting yesterday’s trades a day late due to computer problems. I bought 500 shares of JOYG at 62.04. As I noted on Monday, I was looking for a breakout with better than average volume above $62. I bought 500 shares of EWZ at $64.25. For quite some time,…
-
Today’s Trade: EWZ
I took a small nible in EWZ at the close yesterday, with a 300 share position $60.35. I’ve placed a mental stop just under $60, with an initial target at the recent all time high, around $63. I’ll look to add more if it can break into new high territory.…
-
Can You Say "Buy the Dip"
This charts of the Dow makes it painfully obvious that, over the past six months, dips reaching the mid bollinger band (the 20 day moving average) are to be bought. I will probably become very aggressive once we pullback again, possibly using a leveraged ETF such as DDM.