IMOS has now hit the last "unofficial" target that i added for anyone who wanted to squeeze a little more juice from the short trade. as this marks a 29.9% gain from entry, plus the stock looks ripe for a bounce (i might even play a long-side bounce), you should consider booking full profits if [...]
i just received an email from someone who took the recent IMOS short but missed covering when the target was hit. for anyone else that might also still be in the trade, you might consider a stop above this downtrend line. the last chart below also shows an additional "unofficial" target that IMOS could very [...]
if this 4 hour uptrend line break-down sticks (candlestick closed below), it should user in a new wave of selling that takes us to T1. although this has been an active trade for a few days, i will re-categorize it as a set-up as well since this TL break offers an objective entry. updated 4 [...]
another recent member of club parabola. i was a little too early on shorting this one a few weeks ago and was quickly stopped out but i re-shorted it today. parabolic moves like this more often than not end up giving back a lot of the latter-half gains in quick order. trades like this are [...]
the following trades were stopped out last week: IMOS, BBBY, INTC, SPG, IYR/SRS, XLK, UPS, LSI. i'm still watching some of these, particularly SPG and IYR for re-entries.