Noticed this one in the Barron's stock tables in the beggining of December when it made a new 52 week high. It's been in my watch list since then, and I watched it decline from 10 down to 8 through January. The way it is rocketing back up off of 8 is very compelling, even though the volume is not increasing very much. I bought it today at 9.48.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Vicor Crop, (VICR)
- Thread starter hughb
- Start date
Another nice move again today. There doesn't seem to be any news out and it doesn't really have enough volume to get the IBD crowd interested, but that actually makes me feel even better about the trade. Strong moves without any accompanying news tend to follow through for a good long trend.
Time to adjust my stop upwards. It looks like it's high just prior to this most recent jump was 10.50, and that's where I'll put my stop.
I think if Nick Darvas were trading this he would have judged the previous box to be about 8 - 10, and the current box would probably be about 10 - 13.49.
I think if Nick Darvas were trading this he would have judged the previous box to be about 8 - 10, and the current box would probably be about 10 - 13.49.
Today was the second gap up move in the last fifteen days, even if they were only small gaps. That's enough to make me a little cautious, I raised my stop to 13.50 just now.
I've had a cold for the last three weeks, (haven't done that since I was a cigarette smoking teenager), and I haven't been minding the market like I should. I don't feel like I have my hand on the pulse of the market like I usually do.
I've had a cold for the last three weeks, (haven't done that since I was a cigarette smoking teenager), and I haven't been minding the market like I should. I don't feel like I have my hand on the pulse of the market like I usually do.
Last night I put in a buy stop order to buy if it rose back to 16, this morning there was an executed trade notification in my inbox telling me I had bought at 15.80 even though my buy stop had never been hit. My broker told me that Naz buy stops are activated by the ask price, not the last trade. I could have sworn that it went by the last trade, (I passed my Series 7 twenty years ago). Oh well, close enough, right?