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STV T1 hit

STV has already hit the top of T1.  although volume is slight above the recent (and historically low) volume, it is still below levels that i'd like to see on a breakout of such a nice looking pattern.  price rules and everything else is a distant second so you'll decide how much, if any, profits to take here if you took it.  at the very least, consider raising your stops to protect profits.  as discussed in the video trade-ideas overview last night, i still like this pattern for a longer-term trade if the market continues to hold up going forward. here [...]

2012-04-09T18:52:49+00:00Feb 6, 2012 1:11pm|Categories: Completed Swing Trades|Tags: |Comments Off on STV T1 hit

STV 1st target

STV is currently trading up 4.78% at 3.73 vs. the first target (T1) of 3.75 which is basically at hit in my book (i usually prefer to set my sell limit orders just shy of resistance to help ensure a fill/exit).  the previous charts lists some additional targets so if you took the trade, use you own targets and stops as per your own trading style, risk tolerance, etc.. but my thoughts are that this would be a good place for more active traders to consider taking full or partial profits, especially going into the weekend with the market being so [...]

2017-03-08T21:22:56+00:00Feb 3, 2012 3:21pm|Categories: Completed Swing Trades|Tags: |Comments Off on STV 1st target

STV update

STV was a long set-up posted here on wednesday, which is following thru on slightly above avg volume so far.  i still have a bunch of existing trades that i plan to follow-up on later today and into the weekend, some shorts that have been stopped, others that continue to work or still look like objective entries as well as some longs that are still on as active trades or may have triggered a buy signal recently and others that have hit profit targets and should be moved to the completed trades section.  original chart from wed and today's updated chart [...]

2012-04-09T19:00:09+00:00Feb 3, 2012 12:19pm|Categories: Completed Swing Trades|Tags: |Comments Off on STV update

STV long set-up

STV is just barely starting to poke above this key downtrend line.  i'm not buying any yet but i might if i see prices continue to move higher, especially on increased volume.  targets TBD, stops at a comfortable level below your entry point.  keep in mind this is a low-volume stock.  although low-volume stocks can move up very quick if there is an imbalance of buyers vs. sellers, that can and often does go the other way too.  less experienced or more conservative traders/investors should try to avoid low-volume stocks.  one must also be cognizant of the spreads (bid vs. ask), [...]

2017-03-08T21:22:57+00:00Feb 1, 2012 2:21pm|Categories: Completed Trades - Long|Tags: |Comments Off on STV long set-up