Trade Entry: TRA

I bought 500 shares of TRA at $53.12.

Setup: A combo platter of a breakout and trend-pullback and entering within a forming high and tight flag. I expect a continuation of the trend. Great volume pattern and RSI and stochastics confirm price highs. The stock is under accumulated here.

Risk: My intial target is the recent high at $60. My stop is just under the forming consolidation area.

Concerns: No doubt, the stock (and sector) is overbought. However, momentum and volume are so strong that I'm betting the trend will continue.

Trade Entry: SWN

Trade Entered: 300 SWN at $39.77

Trade Setup: I entered based on the earnings-breakout-pullback setup. The stock, reacting to earnings, broke to new highs on heavy volume last Friday. The stock and it's sector have been in an uptrend with strong volume patterns. I bought on a pullback to the breakout point.

Stop: Below breakout point and today's low.

Target: Recent high around $45 is the initial target.

Concerns: Sector selling off with possibility of rotation. However, major support has not broke down. Still, enough of a concern to go with a smaller than normal position size.