Took half position in MGA at 51.46. Stop at 49.75. Target of 62. Will add the other half of my position if/when the stock reaches new 1 year high (52).
Check out ENER pretty good looking descending triangle. The solars should get hit pretty hard if the dollar strengthens/oil weakens scenario plays out later on this week.
Hey Jeff. I just wanted to thank you - I'm fairly new at this but you've taught me an incredible amount, and made me some money too. I also wanted to ask a question. I'm not sure this is the forum for it, but I'll ask anyway:
What's the deal with HBHC the last couple of days? Everything I've learned from you, from my library of stock/option trading books, and various other websites tells me that it should have done exactly the opposite of what it did do. Can you explain what would cause something like that? There was no news, and sellers had been consistently coming in at lower levels for a pretty long time, so what gives? Why did it skyrocket like that and lose me most of the money i had put into what looked like a textbook example of a sure thing!? It almost makes me think that all of this might just be a crap shoot. Any insight at all would be very appreciated. Thanks again man.
Reader Comments (15)
Jeff,
Thanks for the early Watchlist. Great ideas!
Thanks OA.....great setups
Thanks for coming back Jeff.
love the ending, love YGE
IP looks good this morning.
JK - Does APWR look like a triangle similar to YGE - same market, China, and coiling...
Good trading all!
ERIC looks close to confiming that symmetrical triangle.
test
Bought ASCA at 17.53 on bull-flag breakout. Target is 19.50. Stop just south of 17.
Took half position in MGA at 51.46. Stop at 49.75. Target of 62. Will add the other half of my position if/when the stock reaches new 1 year high (52).
Check out ENER pretty good looking descending triangle. The solars should get hit pretty hard if the dollar strengthens/oil weakens scenario plays out later on this week.
Retail stocks are on steroids. http://screencast.com/t/MGU4MmM1
great call on apwr brian keep posting if it will make me money ty sir
Thanks flatbushbk - don't mind if I make a few sheckels along the way also?! I've traded APWR for a while now - when it moves, it moves big.
Hey Jeff. I just wanted to thank you - I'm fairly new at this but you've taught me an incredible amount, and made me some money too. I also wanted to ask a question. I'm not sure this is the forum for it, but I'll ask anyway:
What's the deal with HBHC the last couple of days? Everything I've learned from you, from my library of stock/option trading books, and various other websites tells me that it should have done exactly the opposite of what it did do. Can you explain what would cause something like that? There was no news, and sellers had been consistently coming in at lower levels for a pretty long time, so what gives? Why did it skyrocket like that and lose me most of the money i had put into what looked like a textbook example of a sure thing!? It almost makes me think that all of this might just be a crap shoot. Any insight at all would be very appreciated. Thanks again man.