PVEC record volume but closed at trip one. ANAS record volume and closed a tick or so above the 50 day and upper trend line of 40+ day descending triangle flag. Got em on watch.
This weeks big board play schedule. (link back watch list for chart patterns) Standing orders in place. Play at your own risk. Plan the trade and trade the plan!
Only will be holding 6 stocks at a time, half the number on watch. With luck hope to close 1 and open another, before it triggers entry, but 6 is it, at a time. As funds are position sized for 6 stocks @ 13% average gain. (142% / 11 stocks) Over all trade timing is 2 week swing trades and out, no matter where price is at then. Always monitor and adapt and adjust for less, never more. I'm Saying capital preservation is more important then greed to me! May cut trailing stops early, if justified. Protect those gains !
In play; RAD 8.00 to 8.40 for 5% -3% TSYS 3.40 to 4.00 for 18% -9%
Strong watch;
stock IN OUT Gain / Trailing stop MSO 4.70 to 5.10 for 8% -4% MTSN 2.30 to 2.60 for 13% -6% AT 3.35 to 3.60 for 8% -4% UEC 1.75 to 2.25 for 28% -14% ETRM 2.00 to 2.30 for 15% - 7% GFI 4.00 to 4.70 for 18% -9% LEE 4.25 to 4.70 for 11% -5% JOEZ 1.10 to 1.25 for 13% -6% LFVN 1.43 to 1.50 for 5% -3%
Do my work the night before. Late work night tonight. LOL Now all I do is check orders each day to see if anything closes. Like S&P up channel. I'm coming completely off the side lines. Hope 1900 break continues with strong move called for, for weeks. We'll see. But either way the plan will be traded. Most of my watch list isn't tracking the S&P strongly. A little comfort there. If S&P retraces again to bottom up channel.