Trading the Gooniverse...

LONG: ADD TO PCU
Adding a bit to PCU.

Weekly is oversold and both weekly and daily are near support levels.
Channel breakout on 15-minute chart generated entry.

Resistance around the $34 and $36.

Stop is nice and wide at recent support levels.
 
UPDATE: STOPPED OUT CEPH
Pure laziness and broke my own rule: avoid bio-techs. Over the years I've been hit or miss on bios, one nice winner (remember AFFX?), but mostly blah stops. Chartwise it looked good, market looked ripe for a short term pullback and my entry was ok...just didn't want to play. Oh well.

Not much in play this week as I'm on the sidelines until the New Year rolls around.

Still LONG: USO, PCU, AUY.
These are longer term plays with smaller positions and wide stops.
 
LONG: AAPL
Long AAPL at 211.55.
Stop in the 207 area. No real upside target, but there is resistance in the $215-216 area, so that might be a good spot to move to BE if it gets there.

I'm pretty crappy at updates these days.
 
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