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POWI Final Target Hit For A 28% Gain

The POWI (Power Integrations Inc) short trade made a large gap down today, surpassing both the first and second price targets (T1 & T2) to open at 43.23, giving this trade a 27.9% profit from the entry just over two weeks ago. As T2 was the final target, consider booking full profits on POWI as [...]

Apr 30, 2014 1:51pm|Categories: Completed Trades - Short|Tags: |Comments Off on POWI Final Target Hit For A 28% Gain

POWI Short Entry & Setup

POWI looks to offer an objective short entry following the break below this beairsh rising wedge pattern. T2 is currently my preferred swing target with a suggested stop over 64.50 (lower if only targeting T1). Although my preference is to establish a short position here, an alternative entry would be on a possible bounce to [...]

Apr 14, 2014 9:59am|Categories: Completed Trades - Short|Tags: |Comments Off on POWI Short Entry & Setup