Today was a good call from yesterday’s game plan. Today started out rough, but ended with some strong moves up and away from the previous trading range which was tested Friday.
Today was a good call from yesterday’s game plan. Ok, I wasn’t entirely correct. I said if earnings were bad I thought we would have a knee jerk reaction. Earnings seemed pretty good, but we still had a knee jerk reaction. As I said I would, I bought the dip.Weekly Scorecard
|I added to my position twice this week, both times on dips. The week ended today with earnings. The action looked like a shake out to me.|
Today was a good call from yesterday’s game plan. Today was down, but as expected, not very much.
|This week had a nice move out of range, but is looking like it needs to rest a bit. A pullback to the $10.08 area would be a great opportunity to add, and a good setup for trending up after earnings.|
Continue reading “Long $BSMX Day 4”
Today was a good call from yesterday’s game plan. We actually got more movement than I expected today, but there was also an analyst upgrade that might have helped. I mentioned without some news we would drift into earnings, and we got a little good news and a move.
Today was a bad call from yesterday’s game plan. I thought we would have a hard time getting over the upper channel resistance line and the 200DMA on the weekly. I figured we would move back into the TR. To my surprise we moved right through everything with relative ease and closed above it all. It was a pleasant surprise.