• ACI - Sep 02 201520150902
  • ACN - Aug 27 201520150827
  • AMD - Aug 10 201520150810
  • AMGN - Aug 27 201520150827
  • AVGO - Aug 25 201520150825
  • BAA - Aug 21 201520150821
  • BRKB - Aug 25 201520150825
  • $copper - Aug 28 201520150828
  • FNHC - Jul 28 201520150728
  • HSY - Jul 21 201420140721
  • INTC - Aug 25 201520150825
  • JBLU - Sep 02 201520150902
  • JJC - Aug 28 201520150828
  • LABU - Aug 27 201520150827
  • NBIX - Sep 02 201520150902
  • PFE - Nov 06 201220121106
  • ROST - May 26 201520150526


All Active Trades

Active Trades are trade ideas that were previously posted as Trade Setups and have since triggered an entry or occasionally, a trade idea that was first posted directly to the active trades category as offering an objective entry at the time of the initial post. Active Trades might also be listed in one or more of the other trade categories as these categories are not necessarily mutually exclusive. e.g.- An Active Trade that still offers an objective entry might also be categorized under the Trade Setups category. Likewise, an Active Trade with multiple prices targets may have already hit one or more of those initial targets with additional target(s) remaining, thereby falling under both the Active Trades and Completed Categories. Traders should look to make any new entries or add to existing Active Trades objectively, such as a on pullback to a support level during an uptrend or a re-test of a broken trend-line, wedge, or channel pattern.

Sep 022015
 

NBIX (Neurocrine Biosciences) was added as an Active Short Trade on July 27th as this biotech stock was just breaking down from a bullish rising wedge pattern. In my haste to get the trade idea posted asap, I had added the horizontal support lines which would act as potential profit targets but stated that the official price targets & suggested stop would follow. With all the activity in the market since then, I was unable to follow up but in reviewing the Short Trade ideas today, I have now added price targets (T1 at 33.25 & T2 at 27.40) with a suggested stop above 56.20.

NBIX hit what was the 3rd potential target/support level shown on the original chart for a quick 21.5% gain before bouncing but as I had not yet made these targets official, I won't count that as a Completed Trade. As the biotechs are likely headed much lower in the coming months, I have added two official price targets (T1 &T2) expecting NBIX to move considerable lower in the coming weeks/months.

 September 2, 2015 9:36 am  Active Trades - Short, Short Setups Tagged with:
Aug 312015
 

One additional near-term pullback target (8.33) has been added to this 15-minute chart of ACI. Depending on how oil trades, I may cover some or all of my position just above any of these support levels. The 4-hour period chart below highlights that since the [continue reading…]

 August 31, 2015 3:27 pm  Active Trades - Short Tagged with:
Aug 312015
 

ACI (Arch Coal) looks ripe for a pullback trade while at the top of this 60 minute rising wedge along with resistance on the daily chart. 7.41 is my minimum target with the 5.30 level my preferred target (note: those are the actual support levels, [continue reading…]

 August 31, 2015 10:31 am  Active Trades - Short, Short Setups Tagged with:
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