Right Side of the Chart

...because anything to the left is history
Apr 212013

The following long trades exceeded their previous suggested stop parameters last week and will be removed from the Active Trades Category:

AAPL- Printed a weekly close below the bottom of the support zone on Friday.

EXM-  Exceeded both the suggested stop level of 0.72 on Friday.

NM- Fell below the 4.12 suggest stop level early last week.

The JOUT long still looks fine for now and the following Active Long Trades or Long Setups will be updated under separate posts soon:  HL, HMY, CVU, XSD, PEIX.

Admin note:  For those receiving post notifications by email, we are still working on restoring the feature to select or deselect specific post categories (e.g.- short trade setups, completed trades, market analysis,etc...). We don't have a firm ETA on the fix yet but hope to have it restored by the end of the week.  The RSS feed button will also be restored soon as well for those who prefer to follow the blog posts in a reader.

 April 21, 2013 9:40 pm  Completed Trades - Long Tagged with: , ,  Comments Off on Long Trade Ideas Update
Apr 112013

EXM recently pulled back and bounced right off support after coming within 5 cents of it’s profit target two weeks ago.  As the stock was very overbought, I view this as healthy behavior and as long as the stock remains above support (0.80), the trade [continue reading…]

 April 11, 2013 9:26 am  Completed Trades - Long Tagged with:  Comments Off on EXM Trade Update
Mar 252013

As my kids are on Spring Break this week, I plan to spend some quality time with them and as such, the posts will be on the light side.  I just turned on the computer for the day and I’m not in the least bit [continue reading…]

 March 25, 2013 2:32 pm  Equity Market Analysis Tagged with: ,  Comments Off on Midday Comments
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:  Comments Off on EXM long setup
Oct 312012

as far as the shipping stocks, both EXM and EGLE will be removed from the active trades list.  EXM had hit the 2nd target for a 32% gain, exceeded it by a decent amount and then reversed hard where a logical stop would have been [continue reading…]

 October 31, 2012 9:39 am  Completed Trades - Long Tagged with: ,  Comments Off on shipping stocks update 2
Sep 242012

EXM hit T2 for a 32% gain in just 3 trading sessions since it’s breakout last week.  i currently favor T3 but more active traders might consider taking partial or full profits while both swing traders and active traders might consider raising stops to protect [continue reading…]

 September 24, 2012 4:03 pm  Completed Trades - Long Tagged with:  Comments Off on EXM second target hit
Sep 192012

EXM hit the first target (.65) for a one day gain of 18% from entry (total gain of about 35% on the day if anyway was bold/insightful enough to take it pre-breakout).  therefore, consider taking full or partial profits and/or raising stops, depending on your [continue reading…]

 September 19, 2012 12:06 pm  Completed Trades - Long Tagged with:  Comments Off on EXM first target hit