Margo's Swing Journal

[richtrader]

Quote from margo_trader:

As long as I'm trading against people like you, I know I'll always be in the game.

Bravo! This is one of the best quotes I've seen on here.

 

[margo_trader]

I'll take a small short as close to $70.00 - $70.50 as I can. The base doesn't suggest a sustained breakout is likely.

 

[John Q Public]

Quote from margo_trader:

Oh brother. As long as I'm trading against people like you, I know I'll always be in the game. Instead of focusing on my legs, I suggest focusing on your account. Someone out there is working RIGHT NOW.....trying to figure out a way to take it.

I don't have an account for anyone to take.

If you're going to be like that, I'll go talk to someone else.

You are not a nice lady.

 

[margo_trader]

I don't have a clue if this will work or not but it's still low risk. I'll take a small short somewhere between $70.50 - $71.50 with a point or so stop.

 

[margo_trader]

This is a weekly chart and long term setup. I'll take a low risk short between $44.50 - $45.00 with a point or so stop.

 

[margo_trader]

I'm going to short this as close to the 200 MA ($26.50 - $27.00) as I can with a 1/2 or so stop.

 

[margo_trader]

I doubt it'll make it to the shoulder highs but if it does, I'll short as close to $37.50 as I can.

 

[margo_trader]

I'm not finding many OBJECTIVE long setups at the moment. This is aggressive but may be decent for a short term pop if it breaks with volume.

 

[margo_trader]

The longer it bangs on resistance...the better. One word....VOLUME.

 

[margo_trader]

Another weekly breakout setup....low volume.