Paul J Singh

Category: Trade

  • Today’s Trade: TMX

    I bought 400 shares of TMX at $40.88. It has been on my watchlist since May 20th. Mexican stocks have been on a tear, and I’m using the consolidation after the latest breakout as a jumping point. Any thoughts on this trade? Was the last breakout a continuation or exhaustion…

  • Trades: BEAV and BBD

    I made two trades yesterday from Tuesday’s watchlist: I bought 500 shares of BEAV at $37.25. I had been watching this stock ever since the late April breakout, and liked the way it acted on pullback to the 50 day moving average, which also happened to “fill the gap”. I…

  • Today’s Trades and Analysis: GMRK and DXPE

    I sold 400 shares of GMRK at $53.85 (entry at $49.76) for a $1636 gain (+8.2%). I sold 500 shares of DXPE at $52.35 (entry at $47.40) for a $2475 gain (+10.4%). Self Analysis: These trades are good examples of how I have grown as a trader. Last year, I…

  • Today’s Trades: SYNL and ZEUS

    Both of today’s trades came from last night’s journal. As I noted last night, I like the action in steel stocks. I bought: 400 shares SYNL at $39.12 400 shares of ZEUS at $32.90. Both stocks made confirmation moves following low volume pullbacks. I am heavily weighted in steel stocks,…

  • Today’s Trades: GMRK, EWZ and AAPL

    Yesterday, I sold 200 shares of AAPL at $108.25 (entry at $101.25) for a $1400 (+6.9%). I had moved my trailing stop when the stock hit $110. I have a feeling a long tail is going to print today, followed by another move up. I hope I didn’t sell too…

  • Today’s Trades: DXPE, STLD and LFC

    I bought 500 shares of LFC at $50.09. This is purely a breakout play. I am not waiting for the pullback. My intital target is the late 2006 high at $56. I bought 500 shares of DXPE at $$47.40. This is a breakout-pullback play. My initial target is the recent…

  • Chart: CCJ

    Way back in December, I had highlighted CCJ as a Uranium play on a breakout over $42. While I missed out on that trade, I entered today at $50.10, as it recovered from yesterday’s dip. Anybody care to analyze this trade?

  • Chart: DXPE

    As stated in the “today’s trade” post, I took a position in DXPE. The stock is a nice breakout-pullback candidate, and also has been under heavy accumulation over the past month and a half. This leads me to believe the stock will find strong support at current levels and could…

  • Today’s Trade: DXPE and TSL

    I bought 350 shares of DXPE at $47.55. This is a breakout-pullback play. The stock broke out and is pulling back on diminished volume. I will likely place a stop at $44, and my initial target is $52.50, making for a 3:5 risk to reward ratio. Note that I’ve been…

  • Today’s Trade: AAPL and ADM

    I bought 200 shares of AAPL at $100.25. I went over the chart on Friday. ADM (Archer Daniels Midland Co.) reports earnings tomorrow. I will likely place a buystop at $39.75-40.10, depending on how the stock looks at the close today. If the stock clears this level (which is an…

  • Today’s Trade: JSDA and VDSI

    I sold 500 shares of VDSI at $20.65 (entry at $17.63) for a $1510 gain (+17.2%). Check out my reasoning for entry here. It was the perfect accumulation and pullback to support play. I was stopped out of my 400 share position in JSDA at $24.85 (entry at $26.41) for…

  • Today’s Trades: ZUMZ, AAPL, VLO, JSDA, STLD, EWZ, ZOLT

    I bought 400 shares JSDA at $26.41. I bought 400 shares of STLD at $44.80. I bought 250 shares of EWZ at $52.78. I bought 300 shares of ZOLT at $32.30. I will go into more detail about these trades tonight. I sold 500 shares of ZUMZ at $40.75 (entry…

  • Today’s Trade: PAAS

    I bought 400 shares of PAAS at $30.46. The stock has pulled back to prior resistance and is holding up well. My stop will be placed at $29.10, just under the 50 day moving average.

  • Today’s Trade: ZUMZ

    I bought 500 shares of ZUMZ at $38.83. The stock has pulled back to the early March breakout point on low volume, has a strong OBV reading and is oversold. When trading this “breakout-pullback” setup, I would normally wait until the stock moved out of oversold territory. Due to the…

  • 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…

  • Today’s Trades: HES, VDSI and AAPL

    I sold 300 shares of HES at $57.55 (entry at $55.91) for a $492 gain (+2.9%). I bought 200 shares AAPL at $$91.05. I had been looking to see how AAPL would handle a pullback to the peak of the double bottom formation it recently broke out from. The hammer…

  • Today’s Trades: GROW, MVIS, QID, EWZ, HOKU

    I sold 600 shares of EWZ at $51.80 (entry at $50.43) for an $822 gain (+2.7%). I suspect that it will retest support at $50, which could provide another entry. I sold 1000 shares of HOKU at $6.44 (entry at $6.11) for a $660 gain (+5.4%). There is not enough…

  • Today’s Trades: EWZ, FCEL, GES, HOC, SBGI, PDE

    I took profits from my 500 share position in HOC at $60.76 (entry at $57.94) for a $1410 gain (+4.9%). I sold shares of PDE at $31.73 (entry at $30.28) for a $725 gain (+4.8%). I sold 500 shares of SBGI at $16.18 (entry at $15.23) for a $475 gain…

  • Today’s Trades and A Question About how I Spotted PDE

    In reference to the PDE setup, Rahul asked “Indeed a good trade. Could you tell how it came on your radar.” Sure Rahul, Two weekends ago, I performed a sector screen, as I do every weekend. Energy was one of the stronger sectors that I identified, but I felt that…

  • PDE Trade: A Classic Pullback From Breakout Setup

    I traded a classic setup today, the good old pullback to support after a breakout. The elements that lead to entry include: 1. Price breaks out over an established resistance level. 2. Volume picks up on the way up, showing increased accumulation. 3. The stock pulls back to the old…

  • Trade and Watchlist

    I bought 300 shares of HES at $55.91I bought 500 shares of PDE at $30.28. I bought 300 shares of GES at $40.85.I bought 600 shares of FCEL at $7.88. I’ll post charts later today. Watchlist:HOKU: bpt $5.80-6.TZOO: $36-36.50ADBE: $41-42SMSI: pb 18GES: $42-43FCEL: nowROCM: pb $20PCLN: $52.50-53.50, target $56CCOI: nowLNG:…