consider booking full profits on the LSI short as T5 (final target) has been hit and this trade will now be moved to the Completed Trades category.
as i continue to update the active trade ideas, here's an updated 120 minute chart for the LSI short (last chart) with the previously posted charts in chronological order for anyone who gave it some room on the bounce following the tag of the first target and is holding out for one or both of [...]
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.
this one has actually already triggered as per the 60 minute channel breakdown but still have plenty of room to go (depending on how the stock opens on tuesday). daily chart shows the extremely over-extending run, with hardly a pause on the way up with the RSI finally turning down from an extended stay in [...]