FSLR forming a continuation symmetrical triangle. Today, in early trade, it formed a base at the edge of the
retracement zone of the
PDH/L for a nice thrust back up to resistance of yesterday's shooting star.
SOHU and
IDCC - inverse C&H - very slow and wide spread at times, so cover in the
retracement zone because there's support from previous days.
I shorted the failed BO of POT. Covered when it broke back above narrow base. Re-shorted the ambush (62%
retracement). Partial on hiccup at 50% FE and covered on higher high. Then it formed a H&S top and ripped 2 points lower, but I wasn't there.
FSLR forming a continuation symmetrical triangle. Today, in early trade, it formed a base at the edge of the retracement zone of the PDH/L for a nice thrust back up to resistance of yesterday's shooting star.
SOHU and IDCC - inverse C&H - very slow and wide spread at times, so cover in the retracement zone because there's support from previous days.
I shorted the failed BO of POT. Covered when it broke back above narrow base. Re-shorted the ambush (62% retracement). Partial on hiccup at 50% FE and covered on higher high. Then it formed a H&S top and ripped 2 points lower, but I wasn't there.
6 comments:
Jamie,
Nice FSLR trade:downgraded with stp tsl. Awesum options the previous day, and today. Fertilizer news, Upgrades: agu cf tra MOS. Upgrades that were up at the open: nvls genz jcp cag arb. Interesting...
edit: not genz(perhaps sympathy)...AMGN
Yeah, AMGN upgraded from neutral to overweight at JPM. GENZ initiated as a Buy at Piper
bl,
I traded MOS on Friday. Long off the 5th 15m bar above the Feb PP high (daily). Reversed when it failed at the morning high (evening star and M formation). Good for move back down to the ORL plus some.
jamie i love nice long vacations.... have a grrrrreat time...
May 15th? Holy friggin cow!
Have fun you slacker.
-DT
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