lowtrade

[lowtrade]

Been busy at the big boards today.

Decided to exit early on 2 plays I was in today. ACTS and MBI trade plan charts below.

New to Watch list
RIC,flag http://stockcharts.com/h-sc/ui?s=RIC&p=D&yr=0&mn=3&dy=0&id=p28486316506
NEO,mid term flag http://stockcharts.com/h-sc/ui?s=NEO&p=D&yr=0&mn=3&dy=0&id=p36347087115
FREE,flag start http://stockcharts.com/h-sc/ui?s=FREE&p=D&yr=0&mn=3&dy=0&id=p72452778095

Moved to strong watch
TLMR,flag resistance coming http://stockcharts.com/h-sc/ui?s=TLMR&p=D&yr=0&mn=3&dy=0&id=p24986801883
GORO, possible 3rd re-entry on new flag http://stockcharts.com/h-sc/ui?s=GORO&p=D&yr=0&mn=6&dy=0&id=p35217656922

Entry on breakout
COT today at 7.40 (standing order closed) target 8.05. This one might bite my ass, as the high candle tail is concern. There was too much emotion.
COT,high tight flag break http://stockcharts.com/h-sc/ui?s=COT&p=D&yr=0&mn=3&dy=0&id=p81909794255

GV,island reversal pop Starter position @ 1.75, (like 2nd day candle and less the half the volume the day before) Says little sentiment for taking it lower. IMO profit takers only.

http://stockcharts.com/h-sc/ui?s=GV&p=D&yr=0&mn=6&dy=0&id=p46705619696


ACTS,island reversal break

Took small position at 2.05, because of volume out equaling volume in. Had larger open order standing at 2.15 resistance, for gap entry. But gapped past today. Don't like the large emotion gap open. So took profits when they presented, at 2.35.
On the starter position.




MBI,double bottom

9.50 trendline break entry. 10.50 early exit because I don't like the gap open. So Took profits when they presented.