WFT in uptrend. PB’ed for three days to 65.18 support to +/-50% fibbo retracement. retested support today. long from 65.76 (slow entry), stop at 64.95, but will move stop up if trade works today. target is 69.25. .80 Risk/3.50 Reward; 4:31. ill add if it PB’s a little intraday.
ill add the formal trading plan later [...]
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Posted in Stock Trading Class on Sep 25th, 2007
I entered this trade today for a long postion. If it hits my target I will sell half and let the other half ride with a tighter stop at 58.09.
I will also trail a stop of .25 on all of my position if the trade hits 58.00.
I think that if it can excee 58.32 it can have a [...]
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Posted in Stock Trading Class on Sep 25th, 2007
EntryPrice: 50.66 (High of 07/19/07)
Target Price: 48.20 (Close of 09/10/07)
Time Frame: 10 days
Stop Loss: 50.90
Risk/Reward: 10.25
Remark: “Turtle Soup Plus One” setup of Linda Raschke
Actual executed trade: covered at 50.78; loss of 0.12
The purpose of these posts is to learn Stock Trading. Stock Commentary, Stock Trading School and the different Stock Traders who post the different [...]
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Posted in Stock Trading Class on Sep 25th, 2007
CALM has traded up for 3 days in a row. Stock opened where it closed on Friday and has moved up. If market takes out this mornings low, sell at 23.40. Stop above yesterdays high at 24.20 (high 24.10) Conservative target is 20.53 and neutral target is 19.00. My target is the 50 EMA at [...]
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Posted in Stock Trading Class on Sep 24th, 2007
UA is in triangle and ready to break out.
enter: 65
stop: 62.5
Target: 72.5
risk/reward: 3
Chart: http://bigcharts.marketwatch.com/interchart/interchart.asp?symb=ua&draw.x=0&draw.y=0
The purpose of these posts is to learn Stock Trading. Stock Commentary, Stock Trading School and the different Stock Traders who post the different stock trading strategies on this website are not responsible for any trading decisions made by any reader of [...]
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Posted in Stock Trading Class on Sep 24th, 2007
52 wk high 55.40
Volume 9/24 1,250,100
Avg Volume 646,689
Earning Nov 1st.
The purpose of these posts is to learn Stock Trading. Stock Commentary, Stock Trading School and the different Stock Traders who post the different stock trading strategies on this website are not responsible for any trading decisions made by any reader of these posts. The stock [...]
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Posted in Stock Trading Class on Sep 24th, 2007
kinda a modified bottom fisher. came down three days thru thursday, and then tried to reverse a bit on friday. Canroy sector getting bid due to PWI takeover, so good volume today. i missed the PB in the last hour to 26.28 as i had order at 26.26; just above intraday support, so i paid-up [...]
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Posted in Stock Trading Class on Sep 24th, 2007
RFMD broke out on higher than average volume. Market price enter at 6.50, target previous high at 7.25, stop loss below today’s low at 6.32.
The purpose of these posts is to learn Stock Trading. Stock Commentary, Stock Trading School and the different Stock Traders who post the different stock trading strategies on this website are not [...]
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Posted in Stock Trading Class on Sep 24th, 2007
Sept 24, 2007
DSX broke ascending triangle in uptrend. Its price up ~7 during last wave since broke on early July. If we assume the price will go up the same amount 7, so its target can be 34
Entry : 27.9
Stop: 27.19
Target: 34
Duration: 2 weeks (it took 2 weeks in last going up)
The purpose of these [...]
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Posted in Stock Trading Class on Sep 24th, 2007
since since May, USU has been in a death spiral from over 25 to just over 10. LT support is near 9 on weekly. last week, USU printed a high vol ’stick, which could mark an end to the decline. i entered partial at 10.11, just over gap support and minor support from Friday at [...]
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