$AGYS – SOLD: 0.00R, It Was Lagging
Posted inAGYS

$AGYS – SOLD: 0.00R, It Was Lagging

The first reason I decided to sell this morning was the lack of momentum. I've held this for about a month, and it's gone nowhere in that time. The setup still looks promising, but perhaps I was very early. It had a chance to BO…
February 21, 2023No Comments
$IMCR – SOLD: -1.00R, Stopped Out
Posted inIMCR

$IMCR – SOLD: -1.00R, Stopped Out

Just WOW! WTF just happened? This started off so well from a good setup, then WHAM, I got crushed! At its lowest point it was down 10.24% in a blink. To add insult to injury, almost as soon as I got stopped out it recovered…
February 14, 2023No Comments
$PCVX – 30-Day Follow-Up Report
Posted inPCVX

$PCVX – 30-Day Follow-Up Report

I got stopped out at $44.45 on January 11, 2023. Since then, it's gone nowhere and today closed at $43.04. In retrospect, this was a bad trade. It was a faulty setup for a power play because the price was ascending after the big move…
February 13, 2023No Comments
$PMTS – SOLD: +0.24R, Stopped Out
Posted inPMTS

$PMTS – SOLD: +0.24R, Stopped Out

Today was complete annihilation for this stock. It closed down over 18% on big volume at the low of the day. The only thing that seemed to save it was the 50-say MA, which is right where it closed. Fortunately for me, though, I had…
February 8, 2023No Comments
$ATI – SOLD: +3.63R, Stopped Out
Posted inATI

$ATI – SOLD: +3.63R, Stopped Out

My automatic trailing stop got hit earlier today, the market said it's time to take profits. It still looks strong, but may be setting up a new base here, so it's still something to watch. Even though, it closed positive after stopping me out, this…
February 7, 2023No Comments
COMMENT: Trade Book Updated
Posted in*Comments*

COMMENT: Trade Book Updated

I added the Trailing Stop section to the Open Trades page. My goal is to be a 3R trader. Therefore, after I gain 3R I have achieved my goal and am more able to let the market itself be my selling strategy. I use a…
February 3, 2023No Comments
$ATI – UPDATE: +3.76R, Move Stop Up, Protect 2.75R
Posted inATI

$ATI – UPDATE: +3.76R, Move Stop Up, Protect 2.75R

First of all, earnings were reported pre-bell. You can see in the fundamentals chart above that they may have good earnings, but the acceleration in growth is leveling off. They talked about being on track to accomplish their goals, but the deceleration in earnings probably…
February 2, 2023No Comments
$TH – SOLD: -1.06R, Stopped Out
Posted inTH

$TH – SOLD: -1.06R, Stopped Out

No surprise here after the last update. It continued to knife down through my stop. It made a pretty good comeback into the close, but still closed below the 50-day MA on big volume. In retrospect the tell was two days ago. It closed back…
January 31, 2023No Comments
$ATI – UPDATE: +2.64R, Here Comes Earnings
Posted inATI

$ATI – UPDATE: +2.64R, Here Comes Earnings

This has been a nice trade. It keeps bumping up against my 3R goal but hasn't quite got there yet. In the meantime, it's been displaying some nice tennis ball action. Earnings are going to be on Thursday, February 2, before the open. I'm comfortable…
January 30, 2023No Comments
$PMTS – UPDATE: +0.15R, Sneaky Move
Posted inPMTS

$PMTS – UPDATE: +0.15R, Sneaky Move

This one made a sneaky move. It squatted right after I bought it. The next day it made a scary move breaking the channel resistance. It turned out to be a channel shakeout as it closed right back at the channel resistance, on increasing volume.…
January 30, 2023No Comments
$AGYS – UPDATE: +0.40R, On Guard
Posted inAGYS

$AGYS – UPDATE: +0.40R, On Guard

I like this trade, but I need to stay on guard. I like that big shakeout after earnings that closed back above the PoLR on big volume. I like how 2 days later it made a KO recovery. Big volume on a down day but…
January 30, 2023No Comments
$TH – BUY: Addon @ $17.46
Posted inTH

$TH – BUY: Addon @ $17.46

The order filled at the open and squatted soon after. It retested the PoLR and the 20-day MA, where it bounced back, but still closed bad. Nothing has been violated so I'll let it run for a bit. Buy Details
January 26, 2023No Comments