02/01/2016 Stock Watchlist:

02/01/2016 Stock Watchlist:TEX,ENOC,SWFT,VHC,SRPT,GLNG,ECPG,AMDA,SXC,SDPI,AXLL,TMST,WATT,SGOC
http://finviz.com/screener.ashx?v=211&t=TEX,ENOC,SWFT,VHC,SRPT,GLNG,ECPG,AMDA,SXC,SDPI,AXLL,TMST,WATT,SGOC

2/1/2016
	TEX	s	fail 21.50
	ENOC	s	fail 5.03
	SWFT	s	fail 15.50
	VHC	l	over 4.25
	SRPT	s	12.3
	GLNG	l	over 21
	ECPG	l	over 23
	AMDA	l	over 3.63
	SXC	s	fail 4 or 4.06
	SDPI	s	fail 2.60
	AXLL	s	fail 16
	TMST	s	fail 9.78
	WATT	s	fail 6
	SGOC	l	over 3.80

         

01/29/2016 Trade Status for $INO, $TMST and $WATT

01/29/2016 Trade Status for $INO, $TMST and $WATT
$INO was up good yesterday but with big range and I didn't put on my watchlist.

I take a little position at $6.42 for with the risk at $6.35 support line. It didn't break so I sell at $6.36 to protect the downside and be done with this ticker. Since the chart doesn't look good. It jump too much..

$TMST was up big today from $5 to $8. I saw it on finviz.com.

I take a first try buy at $8.30 but didn't move up and I sell at $8.21. I sit back and wait for that $8.25 to hold. I start in $8.36 again since it hold $8.25. As it move above $8.80 I move my stop loss as it move higher at $8.65. It does a small profit taking and it take me out, otherwise I would hold for $9.00 break.

Good small profit for this trade.

I like $WATT, this one was on my radar in the morning from nasdaq mover..

Market open and top at $6.00, I use that as a risk if volume come in strong. I'll buy breakout above $6.00 with the risk at $6.00. I start in $6.07 and up to $6.22 then pull back then hold $6.00. I add some more shares at the same price $6.07 then it start to move big. I sell $6.48 and hold the rest of my position for more upside. I start to see the "HIGH", "LOWER HIGH" so I sell the rest at $6.44 and $6.41.

Overall good $0.40 profits from the upside. On the downside. I use the risk level $6.34ish, if fail that level. I'll start in short $6.30 and $6.34 and cover all at $6.15 because I saw it start to perking up.

Today, I trade small and manage risk very well. That is the focus of this week. Follow my rules and plans.

Enjoy the weekend, please leave comments and remember to click on the ad for donation support. Click as many ad as you want... You don't have to sign up just click and close it.

Thank you...
JP

1/29/2016 Stock watchlist:

1/29/2016 Stock watchlist: TEX,ENOC,SWFT,VHC,SRPT,GLNG,ECPG,SHIP,AMDA,SXC
http://finviz.com/screener.ashx?v=211&t=TEX,ENOC,SWFT,VHC,SRPT,GLNG,ECPG,SHIP,AMDA,SXC

1/29/2016	Tickers	long/short	plan
	TEX	s	fail 21.50
	ENOC	s	fail 5.10
	SWFT	s	fail 15.50
	VHC	s	fail 3.90
	SRPT	s	fail 11.70
	GLNG	l	over 21
	ECPG	s	fail 21.00
	SHIP		watch
	AMDA	s	fail 3.50
	SXC	s	fail 4

      

01/28/2016 Trade status for $NEOS

I just traded only 1 ticker today is $NEOS. Trade less, profit more...
Pattern: HIGH, HIGHER LOW, HIGHER LOW & FAIL SUPPORT

$NEOS had drug FDA approval today and stock jump from $9.42ish upto $15.90 premarket. It's on my watchlist... I like stock move big..

I am not much of premarket trading, so I sit and wait for setup come to me. I saw the high($15.90), higher low($15.77ish) and another higher low($15.42). All these happen on the premarket. My plan is to short base on those three value but market open and start to sell off from $15.19 and keep coming down. I draw a line across $14.56 base on those support level. If the support level fail. I'll start in short.

I start in short $14.49 risk $14.56. It slam down to $14.22 and come back to $14.56 and start to come down hard. I cover 1/2 at $14.01. I like to cover before the whole dollar and half dollar. Another big wash down to $13.27 and come back up so I cover the rest at $13.42. I make over $1.00 profit within 10 minutes of trading.

That is pretty good profit and I didn't realize I had miss another drop over $1.20. Lowest is $12.13.. But It's a good trade overall.

01/2816 Stock watchlist:

01/28/2016 stock watchlist: TEX,ENOC,SWFT,VHC,SGI,SRPT,GLNG,ECPG,SHIP,AMDA,TRXC
http://finviz.com/screener.ashx?v=211&t=TEX,ENOC,SWFT,VHC,SGI,SRPT,GLNG,ECPG,SHIP,AMDA,TRXC

1/28/2016
	TEX	l	over 24 or s 22.70
	ENOC	s	fail 6
	SWFT	s	fail 17.57
	VHC	s	fail 3.90
	SGI	s	fail 7.50
	SRPT	s	fail 11.71
	GLNG	s	fail 17.00
	ECPG	s	fail 21
	SHIP		watch
	AMDA	l	hold 1.75
	TRXC	l	over 3

       

01/27/2016 Trade status for $GLNG & $TEX.

These are only two tickers I traded today $GLNG & $TEX.

$GLNG was up big yesterday and it's on my watchlist for long over $18.00. I miss the breakout over $18.00 since I didn't get to my office until 9:45.

I start going long around $18.50 with the risk at $18.38 base on the previous high. It's spike up to $18.64 twice then drop below the risk level so I cover at $18.33 respect my plan. It's good risk management since the trading range was so big compare to yesterday candle. Put this on my watchlist for long over $21 and short fail $17.00


$TEX was up big yesterday to $24 then pull back to $20.50ish.

As you can see the 15 minutes chart show uptrend flag pattern.

I start in long at $22.59 for the $22.59 breakout at those two circle spot. It didn't breakout so I cover at $22.40. Plan for tomorrow is go long if it's hold the trend and above $22.50 otherwise watch for short play.


Today is not much play for me. I miss $ENOC and $FATE faded. I am practicing my patience and risk management this week. My goal for this week is to focus on good setup. Don't trade if I do not see any good setup.

Enjoy reading and see you tomorrow.

Thank you