Clicky

closing S short trade

due to the almost laughable cash infusion deal from SoftBank (who's stock has been getting hammered since announcing such a horrible investment into S), i am going to close the trade here for a 24 cent loss.  the stock will most likely trade in a range here for a while so while S came very [...]

Oct 15, 2012 10:43am|Categories: Completed Trades - Short|Tags: |Comments Off on closing S short trade

S short update

the S short is playing out quickly so make sure that you've identified where you plan to take full or partial profits if you took the trade.  my preferred target at this time is T1 and depending on how things look if/when we get there, i might remove the remaining targets and complete this trade.  [...]

Oct 2, 2012 10:25am|Categories: Completed Trades - Short|Tags: |Comments Off on S short update

S short trade revised targets

upon further review of the S short trade posted earlier, i have revised the targets as shown on this updated chart.  the new targets are T1 zone at 4.71-4.61, T2 at 4.25 and T3 zone from 3.89-3.74.  target zones are used when there isn't a clearly defined support or resistance level, or multiple levels exist [...]

Oct 1, 2012 2:10pm|Categories: Completed Trades - Short, Trading Tips|Tags: |Comments Off on S short trade revised targets

shorting S

S was a recently a highly successful long trade, closed in mid-july for a 60% gain.  since then, i have posted a couple of short setups on the trade which were stopped out (obviously for much smaller losses than the previous long trade.  once again, i think S offers a very good R/R short entry [...]

Oct 1, 2012 10:18am|Categories: Completed Trades - Short|Tags: |Comments Off on shorting S

S short setup

S was a recently closed very profitable long, then a short trade about two weeks ago.  the short trade was stopped out as per the suggested criteria but once again S looks like an objective short entry as it has now filled that very large gap from late july 2011.  targets marked on the daily [...]

Aug 13, 2012 10:26am|Categories: Completed Trades - Short|Tags: |Comments Off on S short setup

S short update

so far we have what looks to be a confirming candlestick to yesterday's hanging man candlestick on the S short trade.  the hanging man is a potential bearish reversal pattern that needs to be followed up with a confirming stick, such as this bearish engulfing candlestick.  as we still have 3 hours of trading left [...]

Jul 31, 2012 1:11pm|Categories: Completed Trades - Short|Tags: |Comments Off on S short update
Load More Posts