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CVU long setup

CVU was a recently completed long trade that was good for a 13.3% gain when the first target was hit on Feb 1st.  The stock pretty much stopped cold at that resistance level where it consolidated before a big gap and crap move lower just a few days later.  I've been keeping an eye on [...]

Mar 8, 2013 2:38pm|Categories: Completed Trades - Long|Tags: |Comments Off on CVU long setup

CVU update

I decided to take the day off yesterday and plan to continue updating some of the trade ideas today.  First on the list is CVU, which as I posted recently, hit the first target & I suggesting booking partial or full profits as a pullback off that level was high.  Turns out it was an [...]

Feb 6, 2013 10:16am|Categories: Completed Trades - Long|Tags: |Comments Off on CVU update

CVU first target hit

CVU hit the first profit target (T1) on Friday (and slightly exceeded it) for a 13.3% gain.  As the stock is still trading around that level, consider booking partial or full profits or at least raising stops as the risk to a pullback in the broad markets is extremely high right now.  I will leave [...]

Feb 4, 2013 10:22am|Categories: Completed Trades - Long|Tags: |Comments Off on CVU first target hit

CVU long

CVU looks to be offering an objective long entry here as it makes a backtest of bullish falling wedge that it recently broke out from (daily chart).  Targets & suggested stops on chart.  Longer-term traders might consider using a more liberal stop somewhat below the key 9.30 support area (weekly chart).  CVU will be added [...]

Jan 16, 2013 2:45pm|Categories: Completed Trades - Long|Tags: |Comments Off on CVU long