I bought 500 shares of TZOO at $36.28. I like the pattern, but did not think today's up move could sustain itself. It still seems to be staying within the breakout range. I also am holding another 500 shares with an entry price of $37.72.
I bought 1000 shares of HOKU at an average price of $6.11. The stock looks like it has broken out of a trading range and may challenge the breakout high at $7.50.
2 comments:
Enjoy your blog.. I m in TZOO as well, any opinion of SAY, looking for it to stay above the 50 day?
thanks
Thanks BP.
SAY is one of a basket of Indian stocks that I keep an eye on, but honestly, I don't see any rhyme or reason to that chart pattern. I would wait to see if the stick that just printed is a "bullish hammer" or a "hanging man." It will take a day or two to get a better handle.
Of course, my comment is based on my own knowledge and trading style. You may have some insight that I do not, so don't let my comments stand in your way.
Post a Comment