Clicky

Short Trades Updated

The following short trades will be moved to the Completed Trades category.  While none of these trades reached their final price target, many of these trades did hit one or more profits targets before bouncing & exceeded their previously suggested (or any reasonable) stop level(s).  As the charts on some of these trades still remain [...]

Oct 28, 2013 10:23am|Categories: Completed Trades - Short|Tags: , , , , , , , , , , , , , , , , , , , |Comments Off on Short Trades Updated

Shorting NTRI

NTRI will be added as an Active Short Trade here following the recent breakdown of this very steep & very over-extended rising wedge pattern.  Note how the slow line on the MACD is close to crossing into the "red zone", which has typically defined major downtrends in the stock.  The sole profit target at this [...]

Sep 3, 2013 1:30pm|Categories: Completed Trades - Short|Tags: |Comments Off on Shorting NTRI

Trade Ideas Updated

The trade ideas have now been updated meaning that stocks/etf's listed in the Trade Setups category (longs and shorts) have either yet to trigger an entry or they are Active Trades that either still offer an objective entry around current levels or my be close to triggering another entry or add-on, such as the break [...]

Jul 26, 2013 10:44am|Categories: Completed Trades - Short|Tags: , , , , |Comments Off on Trade Ideas Updated

NTRI Objective Short Entry

NTRI was good for a 19.4% gain when the first target was hit back in April.  Since then, the stock has bounced sharply, reaching extreme overbought readings on the daily chart as well as approaching overbought levels on the weekly chart.  Those overbought readings, more importantly combined with the fact that the stock has run [...]

Jun 19, 2013 3:36pm|Categories: Completed Trades - Short|Tags: |Comments Off on NTRI Objective Short Entry

NTRI first target hit

After coming within one cent of the first target before bouncing yesterday, NTRI has now hit T1 (7.30) for a 19.4% gain so consider booking partial or full profits and/or lowering your stops, depending on your trading plan.  T2 (5.75) remains my preferred target for now and additional target(s) may be added once/if prices continue [...]

Apr 17, 2013 11:38am|Categories: Completed Trades - Short|Tags: |Comments Off on NTRI first target hit

NTRI approaching first price target

Be advised that the NTRI short trade is now within 6 cents of it's first target (T1= 7.30 vs. current price of 7.34 as I type).  As this trade is up nearly 19% from the entry on Jan 24th, make sure to have your limit order to cover in place if you plan to book [...]

Apr 16, 2013 10:13am|Categories: Completed Trades - Short|Tags: |Comments Off on NTRI approaching first price target

NTRI update

For those in or just watching the NTRI short, I have now brought the short to a full position.  Since the last post, NTRI has given the "confirming" MACD sell signal (bearish MACD cross-over following the RSI drop back below the 70 level... see prior posts on this trade for details).  We also have one [...]

Feb 11, 2013 10:54am|Categories: Completed Trades - Short|Tags: |Comments Off on NTRI update