WIN!
Date added: 11/6/2016
Date off: 11/28/2016
Awesome. Hit around $11.80 from my call. That's about 27% gain in just a couple weeks!
Price when posted: $9.32
CMCM looks way oversold here. Wouldn't get started on the trade until it begins a rebound and starts to trend up a little bit. Stop loss is down to all time lows around $8.75. Good target may be the 200SMA if it starts to turn around.
ENDED OKAY...
Date added: 11/6/2016
Date off: 11/23/2016
Merged with TSLA so it doesn't exist anymore.
Price when posted: $20.18
Back on my watchlist. Again need a break and hold over the downtrend line. $25 in sights after that. Risk to $20 or break under trendline again.
WIN!!
Date added: 11/09/2016
Date off: 11/23/2016
Hit 6.70s. Great trade. Was consolidating between 6-6.50, but just dumped when IBB had a bad day.
Price when posted: $5.56
Same ideas as ZIOP and PDLI. Great breakout. Hoping for one last big push before it fades back or consolidates. Stop at 5.40ish.
WIN!!
Date added: 11/09/2016
Date off: 11/23/2016
Hit that downtrend line and sank right back down. Awesome though, hit 7.90s!!
Price when posted: $6.10
Bought yesterday at 6.10. On top of the biotech breakout, this had its own huge breakout. More risk buying up here but there is potential for $8 land if the market permits.
BIG WIN!!
Date added: 11/09/2016
Date off: 11/23/2016
Awesome awesome trade. Hit $3.51 a few days ago then turned for the worst so I'm closing it out.
Price when posted: $1.98
I bought yesterday at 1.98, stop at 1.80. Still hoping for more continuation in bio land.
WIN if you sold before the offering...
Date added: 11/09/2016
Date off: 11/15/16
Worked great from 3.34 to 3.80. Had a stock offering after hours that killed it. Went from a great win to a loss.
Price when posted: $3.34
Same idea as ZIOP. Great breakout. Risk at 3.30 now. Not sure how much more is left for this, maybe 3.60-3.80.
Date added: 11/14/2016
Date off: 11/15/16
Had no follow through so ended up selling before the wicked plunge.
Price when posted: $13.99
If BTUUQ can break over $15 and hold, it will get going very fast. I'm thinking $20+. But, this illiquid stock can crack down just as fast as it can break up. I would say max risk to $12. Since this stock is OTC finviz.com doesn't have it. I'll update chart as necessary.
Date added: 10/30/2016
Date off: 11/10/16
Didn't bounce with the rest of the bio stocks so I don't have any more faith in this.
Price when posted: $4.75
Missed the real break out on CETX, but I think there is good mid-term potential on this. What I would like to see is a dip down to the 20&50 SMAs around 4.25-4.40 for a buying opportunity... as long as it can hold trend after that my targets would be 5.50, 6, and if it can break 6-6.50 it can really pick up some speed. 4.6m float as well, so if it keeps heavy volume it can get good!
HUGE WIN!
Date added: 10/30/2016
Date off: 11/2/2016
Hit targets the day after posted then faded off pretty huge. $1.25!!!
Price when posted: $.79
Got to this party pretty late as well... but there is potentially a lot more fun to be had. If NVCN can break and hold over $.80, I am interested to buy, then $1 is the easy next target. If it can break and hold over $1, 1.25 is next... and a break through the 1.25 area leads me to believe 1.75 is the next target. I know that seems farfetched, but anything is possible! Support is at .70-.75, so I'd probably keep risk to that level.
Barely a win... but a win none the less.
Date added: 10/30/2016
Date off: 11/2/2016
Had a nice rebound to $3.30 the day after posting. Faded off after that.
Price when posted: $3.00
No real plan here. Just on watch for a big one to two day rebound. Then will take it off. I would buy into a trend change and sell when it gets over-extended.
Small loss. Can't believe it. Jumped 30% after taking off watch!!!
Date added: 10/30/2016
Date off: 11/6/2016
Wasn't able to follow through at all. May turn into a nice short at this point.
Price when posted: $9.45
Back out to the weekly charts on ENVA and you'll see why I like it. Could be a long term breakout coming soon. Just broke above SMAs on decent volume. I'd like to buy around 9.30 area risk to 8.90-9ish. Target of $10, then $11.
Hey wolf, been doing some research and came across OPXS this stock is trading 20x its book value with a price target of $24 (at .8 now) let me know what you think as i am no pro with technical analysis. Also holding btfl from .0006 and its trending nicely
ReplyDeleteWhat you're talking about is fundamental analysis. 1) I don't use much as far as fundamentals go and 2) fundamentals such as book value, price target, P/E, etc. are all out the window when it comes to penny stocks. Nice job on BTFL.
DeleteI've come to learn a little more about this now and realized it meant nothing haha BTFL was luck. Thanks though. Quick question, I'm currently reading Meir Baraks market whisperer, think its a great book so far, was just curious if you had any suggestions for good books that are mostly technical side of trading that i can pick up after this one
DeleteHmm... not any good technical books. I get my technical info online. But, I do recommend Market Wizards, The Daily Trading Coach, and other books that talk about managing emotions while trading. That is the most important part!
DeleteCool I'll check them out thanks!
Delete