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MACD/Trendline Swing Trader
- Thread starter retire45
- Start date
True to Form did not take break I should have.. Bought DRYS "anticipating" it's break of 63.25 and lost 1.5 pts a a result.. (actually canceled an auto-order to do this!) Also long JASO 16.5 (will keep this).. Long VCGH 8.6 (low volume.. don't know what I see in it expect it travels well...)
Had note to short DSL 24.5 but was not in the "mood".
Had note to short DSL 24.5 but was not in the "mood".
A few Charts.. Markets allowing, some possibilities.. Solars and Shippers "may" help out this week.. or not.. I have Long triggers in some of these and bought JASO early (like the losing DRYS trade.. no patience!) an wouldn't have if I had drawn the declining line..(which ironically strengthens the power of the move, if long). Anyway it should move well soon in either direction.. Hope I don't replay my Icarus week...
Attachments
Not much to show for time today..
Longs added.. SSO, TBSI, DRYS (in at high again!) Had CSUN but quick dip late got my shares.. That'll teach me to stay with the stronger names.. Looking forward to April after this bounce cools off to short Builders and Financials again.. End of Q and End of M "should" carry strength into Thurs/Fri barring any news bombs..
VCGH shows why low volume stocks not ideal.. Will adjust scan to avoid very weak names like this and CSUN.. Overhead galore!
Longs added.. SSO, TBSI, DRYS (in at high again!) Had CSUN but quick dip late got my shares.. That'll teach me to stay with the stronger names.. Looking forward to April after this bounce cools off to short Builders and Financials again.. End of Q and End of M "should" carry strength into Thurs/Fri barring any news bombs..
VCGH shows why low volume stocks not ideal.. Will adjust scan to avoid very weak names like this and CSUN.. Overhead galore!