Clicky

Long Trade Ideas Updated

The following long trades will be removed from the Active Trades category into the Completed Trades where they will be archived for future reference. Many of these trades already hit one or more profit target while others fell short of the first target before exceeding their suggested stop level or any reasonable stop, if none [...]

Mar 20, 2014 2:11pm|Categories: Completed Trades - Long|Tags: , , , , , , , , |Comments Off on Long Trade Ideas Updated

TOPS Long Trade Update

Not much to report on the TOPS (Top Ships, Inc) long trade other than the pattern still looks constructive as of now.  TOPS hit the first target to the exact penny for a 60% gain back on July 26th before reversing and has been consolidating (i.e.- working off the overbought conditions) since.  The next buy [...]

Nov 11, 2013 11:30am|Categories: Completed Trades - Long, Long-Term Trades- Completed|Tags: |Comments Off on TOPS Long Trade Update

TOPS First Target Hit for a 60% Gain

TOPS hit the first target to the exact cent yesterday for a 60% gain from entry (a move above 1.75).  T2 at 5.95 remains the final target for now and the next buy signal will come on a break above the T1 (resistance) level, preferably after a consolidation to work off the near-term overbought conditions. [...]

Jul 26, 2013 1:53pm|Categories: Completed Trades - Long, Long-Term Trades- Completed|Tags: |Comments Off on TOPS First Target Hit for a 60% Gain

TOPS Long Setup

TOPS is a shipping stock that is challenging dual resistance levels: both a 6 year downtrend line as well as the 60 month exponential moving average, which has contained all advances over the last 6 years as well. This is a high-risk trade for aggressive traders only.  Due to the extremely high potential volatility in [...]

May 20, 2013 12:09pm|Categories: Completed Trades - Long, Long-Term Trades- Completed|Tags: |Comments Off on TOPS Long Setup