Short Trades Category Updated

The following recent Active Short Trades will be moved to the Completed Trades category in order to make room for some more attractive trading opportunities.  Some of these trades hit a profit target while others fell short of their first profit target and have exceeded their previously suggested stop level and/or any reasonable stop level, if one was not suggested.  There are several Active Short trades under review for removal in order to made room for new trade ideas.  All Completed Trades on, successful or not, are always moved to the Completed Trades category for future reference. CYH: Stopped out [...]

2014-01-21T10:35:50+00:00 Jan 21, 2014 10:35am|Categories: Completed Trades - Short|Tags: , , , , , , |Comments Off on Short Trades Category Updated

Friday Morning Comments & Trade Updates

I will be away from my desk for most of the day and might post some charts or commentary later today, should we get any significant technical developments in the market or with an of the active trade ideas.  We did have a couple of trade ideas hit profit targets recently, which I will post updated charts on asap.  The ZNGA long trade hit the first profit target of 4.43 yesterday & the HSOL short trade hit the first target of 3.40 shortly after the update on that trade (with the target level added) was posted.   From a quick glance at [...]

2017-03-08T21:21:13+00:00 Nov 22, 2013 10:42am|Categories: Completed Trades - Short|Tags: , , , |Comments Off on Friday Morning Comments & Trade Updates

Shorting SPLK

SPLK (Splunk Inc) is about to go "plunk" as this unprofitable stock looks likely to print a close below this ascending channel.  Aggressive traders could establish a full or partial position here while those preferring to see confirmation of a breakdown could wait until the 59.50ish support level (S1) gives way.  Stops should be based on one's preferred target but this trade will be considered stopped out on any solid move or close above yesterday's all-time high of 65.15. Shorts remain counter-trend trades at this time although there are numerous recent and active short trades that have been successful lately as [...]

2017-03-08T21:21:13+00:00 Nov 8, 2013 2:08pm|Categories: Completed Trades - Short|Tags: |Comments Off on Shorting SPLK