timsk
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Hats off to you Lee, that's a really sweet trade.PitBull said:Looks like exit was good as capitulation, and volume climax, now trading up to 28.10
Tim.
Hats off to you Lee, that's a really sweet trade.PitBull said:Looks like exit was good as capitulation, and volume climax, now trading up to 28.10
PitBull said:Cheers Tim, been a good day! Hope you did well too.
PitBull said:Hi Frank
Briefing and platinum. Normally when the news does hit briefing the move is already under way, but it alerts me as I trade momentum and when something as bad as tax fraud or in CEGE case there was a positive final results on its clinical trials of a cancer drug. These both will attract a great amount of interest and I wait to see whether a set up occurs. If I miss, I pass, but both formed my set ups so they were valid trades.
An excellent book, a little old, but explains about momentum trading is Ken Wolff's book "Trading on Momentum".
Regards
Lee
PitBull said:Holding JSDA for swing trade and looking to add on pullbacks. Already sold some position at 24.15.
from entry of 23.40. Like the stock for medium term play, as a drinks maker just like HANS and HANS went from $10 to $50 within a year!
Hope you caught some RIMM and CEGE!
Regards
Lee
DiscoPete said:Just out of interest how did you find CNX? Was it through a scanner, news, sector etc?
Also very interesting to see VLO tonight, was going to go long at break of whole number 66.00 (also the high) but UBSS was there with 13k of shares at 66.00 and it never penetrated. Without L2 i'm sure that trade would of been a loser.
Good trade that CNX.
PitBull said:CNX, very nice on the 15min with a 5ma. Never breached once. When you get an all day trender I use an MA for my exit strategy. Only 3 down bars all day on the 15min. Very nice Timaru. Top man!
Lovely breakout on the daily. Crude numbers this morning helped a lot of energy stocks.
Naz said:Hi Mick,
I dont know about the others but i'm talking about Nasdaq shares .