Spydertrader's Jack Hershey Equities Journal II

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Quote from jonnyy40:

I'm helping enough behind the scenes. (And H still won't comment or draw some simple sketches).
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I replied to the above via PM. Did you have the mycoolstars.hypermart web site, or did JohnnyK manage that?

- Spydertrader
 
Wild Ride today on NDAQ. Still holding the 200 shares, and I'll be looking for price to close above the $40.65 USD price point.

- Spydertrader

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1031348>
 

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I'm in ...

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1031364>
Quote from cnms2:

I don't usually trade so low priced stocks, but I think that TASR looks pretty good for a long entry. I'd expect to enter on a pull back to ~$10.8. There is a long term resistance level just bellow $12, which would allow a profit of about 10%. For those who trade options, the April 10 call (quardb) is almost at parity.
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Last night I drew TASR's green channel in anticipation of its point 3, parallel to its last green channel. So far it came out pretty close.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1031380>
Quote from Spydertrader:

Nice play off the trendline bounce.

- Spydertrader
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NDAQ made it easily through the last resistance level, and finds itself having some difficulty breaking through the next level. Hopefully, NDAQ has enough momentum behind it to break through at this level as well.

- Spydertrader

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1031390>
 

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