the STM long has hit & exceeded the first target today and is currently up 29.7% from entry. over the weekend, i plan to clean up the active trade ideas, both short and long, in order to condense the list to the most favorable trades as well as make room for some new trade ideas. [...]
STM traded below the suggested stop level a few weeks back, which should have been a sell trigger for active traders. however, this stock still looks fairly constructive on the weekly and daily charts. being that STM is listed in the Long-Term Trades category, i will leave it on as an active trade for now [...]
STM has hit the first target on the 60 minute time frame. remember, this trade is also listed under the Long Term Trades category and has different targets for longer-term traders/investors based on the daily chart. more active traders targeting the near-term targets might want to book partial or full profits here and/or raise stops.
STM was a successful long trade posted earlier this year which hit the first target on the daily frame and then pulled back sharply. i recently posted it as a second long-side trade based off the 60 minute chart but removed it from the active trades category when my own tight stop was hit while [...]
although the STM active long trade isn't too far below entry, i just stopped out of my position as it is trading below this minor support line that i've been watching. that, plus the fact that basically all the bear flags & pennants that i've posted lately have now clearly broken down, i am going [...]
before i step out for a bit, i just wanted to add that i only favor T1 on the STM long trade at this point. as such, i have place a limit order to sell all my shares just shy of that level, just in case it were to get there before i return in [...]
i just noticed that i had mistakenly labeled the first two resistance levels on that STM 60 minute chart both as R1. those are corrected below and i have also added an additional target,T3. for now, my preferred target is T2 (approx.18% from current levels) but i will try to keep this trade updated as [...]