Spydertrader's Jack Hershey Equities Trading Journal III

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What methods did you use for FRPT, GSOL, XING, JADE?

Quote from Haroki:

Thx !!

I haven't really been watching stocks until Ben's lowering. But I figured there would be a few days of excellent opportunities.

Others have been-

Yesterday bought FRPT @ 19.02 - now + 13.1%
Today bought GSOL @ 21.37 - now +2.9%
Friday XING @ 10.13, sold Mon @ 11.25 - +11%
Today bought JADE @ 4.35 - now +28.2%, prolly sell at least half at open tomorrow - 8x normal volume !!!

EDIT- gotta say that the last few months watching ES has allowed some "trickle down" for stocks. It seems waaay easier to see what's gonna happen in stocks now....
 
Quote from CDNPatriot:

What methods did you use for FRPT, GSOL, XING, JADE? /QUOTE]

FRPT -

I was actually late to the party for this, but had money tied up in XING, SOLF, jury duty obligations on Monday kept me from pouncing too.

This shows a classic inc black volume that you might not have read up on yet. Look at volume from 6 days ago - a steady increase signals a continuation of the (price) trend. Before that it was in VDU - Very Dry Up. The blue MA line is a 65 day avg for the volume.

I'm using the 5,2,3 Stoch only as tool for a quick look on for an entry, not really using it to determine when to exit.
 
GSOL-

Same idea, but on a much faster time frame. Day to day is hard to see here, almost need to check daily. Volume decreased (red) over the 2 previous days to DU levels, then quickly showed inc black PRV on the Quotetracker volume bars (30 min) than the prior days.

For me, the thick black or red lines are longer term (weeks) trends. So we can call this entry late also, which can be confirmed on the 5,2,3 Stoch.

You can also see that over the last 6 days, black is decreasing, so it might be a one day flash-in-the-pan, which if you look back over the past 8 days, seems to be its' "personality"....
 

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XING-

Late again - Wednesday would have been ideal - an easy 20% there, but again, I didn't even look at stocks until Thursday night due to family visiting.

Same entry applies - inc black volume, Wed was near the bottom of the channel, etc. It quit at the thick red RTL, as expected - I sold this off quick Monday morning - gap and all....
 

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JADE-

This is just one of those stocks that I have experience with from several months ago. It's not in the FU right now, but I keep a list of removed stocks that I'll look at occasionally.

This was just more a "hunch" that it would go up like it did. There's a few like this - GROW, IAAC, JADE, XING have all been stocks that have shown explosive 1 or 2 day growth like this.

I wouldn't recommend this to anyone unless you've had some experience with a particular stock.
 

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I don't know if I'd call that a good entry point, TBH.

Dec volume trend (Gaus) from 6 days ago tells me to be cautious. Now, if it had more volume today than on Friday, I'd be more likely to agree.

Coin flip for me. Ok to stay in. Maybe not so good to GET in at this point.

My .02, cuz I make plenty of mistakes too.

Plus, this run began at around $17.50, about 25% ago... Needs a retrace
 
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