Category: trade review
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Trade Journal: FAZ
I don’t have the time to do a comprehensive trade review at one time, so I am going to do a trade review everyday, starting with my first trade of the year on January 2. As I go, I’ll compile the stats. I am only including trades I posted on…
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Today’s Trade: PCLN
I bought 50 shares of PCLN at $121.30. I like the chart, but it was tough finding a good entry. We’ve got support at old resistance, which is $120. However, many strong breakouts pullback to the bottom of the breakout candle. If that were to happen, the stock could pullback…
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Catching a Breakout Early: CF Trade
On Tuesday I bought 300 shares of CF at $92.05. Today the stock broke out over resistance at around $100 and closed at $107.76. I sold half my position near the close at $107.34 for a $2293 gain (+16.6%). I am holding 150 shares and will buy more on a…
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Under Armour Entry
Here is the reasoning behind the UA trade trade I made today: It is startling just how well UA has performed in the midst of the current market conditions. What if UA had reported earnings in a good market environment? This explosive move leads me to believe the stock will…
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Analyzing FTO trade
A reader wanted a more in depth analysis of the FTO trade. The basic principle is as I stated when I made the trade: a pullback to support with a strong confirmation move. Let’s take a look at the chart: The first thing that jumps out at me is the…
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Today’s Trades: TZOO, GROW, MVIS, FUL, VLO
I sold 500 shares of TZOO at $39.85 (entry at 37.72) for a $1065 gain (+5.6%). This stock was a textbook breakout-pullback play. I bought on a pullback to support after the mid-March breakout, and sold on the new breakout. In the meantime, I was also able to make a…
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Trade Review: HOC
Before posting my review of the HOC trade, I’d like to answer a question posed to me after the latest “today’s trades” post. The question: You seem to hold on to positions for only a few days even though it may seem as though the position could move higher. why…