Fireopal yesterday your INO moved well ... open 11 low 10.90 hod 11.69 to close 11.18 I saw that early climb but was already in others (SRPT + CLF) as you know I don't enter more then 2 at time ... yesterday there was a lot to chose from
TT WPX is a lovely one to scalp... completely opposite then your strategy but the end product is the same $$$$ IMO I can see $13 not too distant of course oil mustn't drop to much... any way you are much better then me to analyze it
ok Ladies & Gentlemen who traded PRGN yesterday? open 0.28 hod 2.66 closed 1.75 +573.34% AH 2.11 +20.57% I must admit with shame that I took almost a wretched +20 ...(I am not complaining green is green) but I have a mitigating factor that I don't trade the under $1
I couldn't resist traded PRGN 2.80 -3.31 at least I feel better now ..... I was fed up to watched climbing
today I want to tray something new trading on the Pivot P + Elliott waves I use them but very rare and distant ... I try to implement/increase the profit so if anyone here use them are welcome to post + comment
Yes as long as oil stays positive, WPX will thrive and your $13 price target should be attainable. My near term target of $11 is now 1.42 away. Buona fortuna amico mio
Morning Didn't know that you don't do more than 2 stocks and INO has been holding up well but is in overbought territory so not sure how much higher it's going. Waiting to see what's up with VRX right now - new CEO and cleaned up late filing but is halted so hope good news is coming!!
'morning Fireopal ... I meant when I scalp I only open 2 as I sell I buy the next.... yesterday I saw INO moving but I had to look only I had 2 already open.... if I swing then doesn't matte too much but always contain on open position... don't like nasty surprise the next day
at the bell I didn't get fill on CLF 5.47 (5.74) SRPT 12.81 ( 14.58) PRGN 2.35 (3.92) so that wasn't my day and I give up trading .. therefor e I virtual trade on pivot point & Elliott Waves I made a disaster I am too much used on my strategy that I had to follow my feelings etc... so I decided to stick to what I know I would got WPX at 9.57 with T4.15 now at 9.92 I very much doubted if I would still hold it can't resist green
I took a look why it didn't work....... actually I overlooked the most important element that , that "mathematics" strategy was valid for all day long, instead I looked/followed for a short while then give up...(scalper mentality ) So I now have revised the progress of Friday's trading day of CLF PRGN BCEI WPX and wow I discover that all made their target... I counted that with a 1K each (that is my minimum trading) the total would have been a profit of $2440 (less com + odds I call it $2K) I must try it again... or maybe first time lucky? I think so... I haven't discovered the hot water
who got what for tomorrow market? I worked on 3 stocks CLF WPX TPX tomorrow we will know the truth ... up or down Edited>>>> mistake... meant PTX and not TPX
WHOA Cairo >> TPX is way above $10 so that means AAPL isn't that much of a stretch for you either so might wanna keep on watch And TRUE is within the range you like and might be another one to keep on watch - news about being back on board with AutoNation had it popping on Friday, and believe plan was to begin a small test @ 55 dealerships over the weekend so could be this will be moving back up to $10+ pretty soon.
thanks Fireopal to bring to my notice ..... isn't TPX but meant to write PTX (TPX far too expensive for me ) I will DD on TRUE sound interesting ....
for info PTX (couple days old) http://www.tickerreport.com/banking...t72-asset-management-l-p-total-shares3724544/