$PMTS – BUY: @ $36.05

$PMTS – BUY: @ $36.05

It squatted soon after the order filled. It bounced a bit off the channel resistance to close off the lows, but still not a great close, especially since it was below the 20-day MA. If it follows the channel, it should still work out. Buy…
$TH – PENDING: Addon at Retest of PoLR

$TH – PENDING: Addon at Retest of PoLR

This has been moving back down, pretty orderly, to retest the PoLR. That's a pretty typical event which gives another buying, or addon, opportunity. The volume has gotten down to very little and was an inside day relative to the day before. It made about…
$PMTS – PENDING: The Handle Looks Handled

$PMTS – PENDING: The Handle Looks Handled

The handle appears to be ending. That channel shows the handle of a very big cup. It hasn't quite BO of that channel, but today it recovered from a little volume pullback yesterday with an increasing volume move higher. Today's higher move on about average…
$AGYS – BUY: Good Decisions Make Me Happy

$AGYS – BUY: Good Decisions Make Me Happy

Yesterday evening I was chomping at the bit to place an order at the PoLR for today. However, I did not. Earnings came out last night and were good. More growth in EPS and margins, YoY and QoQ. Even though, the acceleration of growth came…
$AGYS – WATCH UPDATE: I Really Want to, but…

$AGYS – WATCH UPDATE: I Really Want to, but…

In the last update I mentioned getting the little volume I wanted to see. That happened right after a BO attempt failed, and the following contraction remained tight. That tightness seems pretty strong to me. Today it made a nice move back towards the point…
$TH – UPDATE: +0.84R, Looking Good

$TH – UPDATE: +0.84R, Looking Good

In the last update I was looking for a normal reaction after a move out of the base and over the point of least resistance (PoLR). I'm happy to say, that reaction looks intact. This week has been rough for the market. Despite that, this…
COMMENT: Trade Book Updated

COMMENT: Trade Book Updated

Closed Positions Added a 30-Day Follow -Up matrix to the Closed Positions tab. This way I can keep track of my buy and sell points and use the following charts to see where I need to improve and where I'm doing it right. I may…
$PCVX – SOLD: Down 1R, Stopped Out

$PCVX – SOLD: Down 1R, Stopped Out

It got crushed at the open and went well below my stop. You may think I'm upset, but I think this was a very successful trade. First of all, I kept my position size very small. Secondly, my stop saved me from losing a lot…
$TH – BUY: @ $16.76

$TH – BUY: @ $16.76

Nice move through the turn today, which executed my order. It closed good near the highs of the day on just over average volume. I'm still not sure about this market. I think this is just a tradable bear market rally, so I'm not expecting…
$TH – PENDING: Buy C&H Breakout

$TH – PENDING: Buy C&H Breakout

Summary STAGE ANALYSYS In defined Stage 2 BASE COUNT Base 2 Cup and Handle TECHNICALS Formed a well-structured long ~5-month cup Currently finishing the handle moving back up towards the turn The turn is at $16.73 Very strong RS relative to sector, but sector is…