Mar 212013
 

+-*The OCN short is up 11% since the recently posted backtest/add-on and still has plenty of downside left before reaching it’s price target (first and final).  I’ve included a 4 hour chart along with the updated daily chart below.  The 4 hour chart highlights a [continue reading…]

 March 21, 2013 1:42 pm  Completed Trades - Short Tagged with:
Mar 212013
 

+-*One that I am not taking my eyes off is the AAPL long trade, which recently hit the first target (downtrend line) and as expected, pulled back and has consolidated under that level since.  These type of consolidations at resistance are typically bullish as they [continue reading…]

 March 21, 2013 12:53 pm  Completed Trades - Long Tagged with:
Mar 212013
 

+-*… That what I always tell my kids when coaching Little League.  I try to incorporate that advice into my trading but there’s typically a limit to how many stocks one can successfully follow at one time before you get the proverbial “sand slipping through [continue reading…]

 March 21, 2013 12:12 pm  Uncategorized Tagged with:
Mar 212013
 

+-*I had planned to add EXM as a trade idea before the open today but something came up and I had to run out this morning and have been playing catch-up since returning less than an hour ago.  Normally, I wouldn’t post a long entry [continue reading…]

 March 21, 2013 11:47 am  Completed Trades - Long Tagged with:
Mar 212013
 

+-*NM has impulsively broken out of a bull flag consolidation/continuation pattern which formed after hitting the first target.  As there is a thin zone between T1 & T2, this opens the door for a potentially quick move up to T2 (final target).

 March 21, 2013 11:31 am  Completed Trades - Long Tagged with:
Mar 212013
 

+-*URG & SLW are both mining stocks with potentially bullish setups.  The following charts and notes were shared from TheStockFox.com, which is an excellent resource for additional trade ideas, especially in the mining sector.  Dax, who runs the site, and I share and bounce trade [continue reading…]

 March 21, 2013 11:18 am  Gold & Commodities Tagged with: ,
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