AAPL was a target trade to $172.00 which I pointed out last week as a significant pivot point. I took a partial at support and closed the second half before the target was reached. The target was eventually reached and I'll be watching for the next test of $172.00 as a potential breakdown.
FWLT was a trend line breach. Ran into trouble but managed to get back in.No pre-market post tomorrow.
2 comments:
Jamie,
1. On what type of stocks do you put your trendlines and like to enter on it's breach?
2. In the FWLT example, did you draw trendlines from 8/19-8/22?
Glad to see how you can consistently enter good trades each and everyday. Simply superb!
Hey day tradr,
1. trending stocks like RIMM, CNQ, FWLT when it makes a move. Most stocks trade to market so we have a lot of stocks that are range bound with no trendline.
2. correct
This week has been tough finding good setups.
Post a Comment