Had to stop by my office for lunch, checked the trades again - CIGX limit buy order 1.90 executed shortly after the open. It moved up too far too fast so I manually sold out at 2.16 for 13% profit intraday on huge volume. Decided to sell BYD because it is up against serious resistance line and today's volume wasn't great, manually out at 8.94 for 8% profit for 2 days.
As I mentioned over the weekend, I am looking for some sort of pullback in market this afternoon and I don't want to let any of the CIGX come back against me but I do think it will continue going higher after the pullback so I am re-entering a new stop limit buy order for 2.26 so that when it does begin its next push upward I will automatically be put back in it. Also, I manually exited RDN at 9.37 for 5% profit for 2 days.
Alan
Stock Market Analysis - Large Cap Swing Trades - Momentum Stocks - Low Cost Option Plays Position Trades for Self-Directed IRAs
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July
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- The dreaded 108...
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- Who was at the wheel...?
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- The great 108...
- Declining volume pullback due
- It happens....
- Late Monday night scan....
- A good day in the market...
- Another intraday look...
- Sold two....
- Weekend update...
- Full steam ahead...
- Late night scan...
- We got our short squeeze...
- Did you have to say that??
- That should do it...
- They are trying to turn it...
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