PNSN again?

PNSN was posted at a breakout of this primary downtrend line back in late december.  although i personally took profits on the trade early, it turned out to make a nearly perfect tag of my 3rd and (original) final target, T3 and has since recycled all the way back to T1 (former resistance/target which is now support).  i did remove the trade from the active trade list after it hit T2 due to my concerns about building risks in the broad markets but  congrats to anyone who took it for the full 50% ride and held out for T3. for those [...]

2017-03-08T21:22:52+00:00Feb 16, 2012 11:46pm|Categories: Completed Trades - Long|Tags: |Comments Off on PNSN again?

PNSN T2 hit, updated notes

PNSN 2nd target hit today for a 28% gain.  as with some other active long trades that i might have listed multiple targets on, i am now considering T2 my final target for this trade and will be moving it to the 'Completed Trades' section.  I may revisit this PNSN for a possible re-entry on the long side in the near future depending on what happens in the broad markets over the next few weeks/months. If you are still long PNSN and plan to continue to hold, feel free to e-mail me for chart updates going forward.  I originally posted this [...]

2017-03-08T21:22:57+00:00Jan 27, 2012 10:42pm|Categories: Completed Trades - Long|Tags: |Comments Off on PNSN T2 hit, updated notes

PNSN targets

Posted by: rp on the 23rd of Dec 2011 at 12:26 pm i didn't have the targets on the chart from yesterday but here they are.  basically, we are at the 1st resistance (T1) now, so with the stock up 11% today, it wouldn't be a bad idea to take some or all off.  also note that the SPY has now run into the downtrend line that starts off the top of the 7/22 and 7/25 candlesticks (daily chart) and the top of the 60 min triangle.  another good reason to considering booking some long-side profits here IMO.  QQQ still in [...]

2017-03-08T21:23:09+00:00Dec 23, 2011 12:26pm|Categories: Completed Trades - Long|Tags: |Comments Off on PNSN targets


Posted by: rp on the 22nd of Dec 2011 at 09:48 am PNSN daily chart.  targets TBD. [/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

2017-03-08T21:23:09+00:00Dec 22, 2011 9:48am|Categories: Completed Trades - Long|Tags: |Comments Off on PNSN