Long Trade Ideas Update

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 [...]

Apr 21, 2013 9:40pm|Categories: Completed Trades - Long|Tags: , , |Comments Off on Long Trade Ideas Update

EXM Trade Update

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 still looks good.  As the entry price on this trade [...]

Apr 11, 2013 9:26am|Categories: Completed Trades - Long|Tags: |Comments Off on EXM Trade Update

Midday Comments

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 surprised to see such a sharp intraday reversals (both of [...]

Mar 25, 2013 2:32pm|Categories: Equity Market Analysis|Tags: , |Comments Off on Midday Comments

EXM long setup

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 on a stock that is up 25% but I do [...]

Mar 21, 2013 11:47am|Categories: Completed Trades - Long|Tags: |Comments Off on EXM long setup

shipping stocks update 2

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 triggered below either T1 or T2 (former resistance levels become [...]

Oct 31, 2012 9:39am|Categories: Completed Trades - Long|Tags: , |Comments Off on shipping stocks update 2

EXM second target hit

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 profits.

Sep 24, 2012 4:03pm|Categories: Completed Trades - Long|Tags: |Comments Off on EXM second target hit

EXM first target hit

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 trading plan.

Sep 19, 2012 12:06pm|Categories: Completed Trades - Long|Tags: |Comments Off on EXM first target hit
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