"Nut'z"
2D, 10m. - Apr. 29 - Todays trade was picking up on the early morning momentum. The first few 5 minute candles were positive and the AD's and UVol/DVol were both very positive. A Call position was taken at 8:45 @ 2.90 and was closed at 12:30 @ 3.45. The MACD was was rising and the internals were progressively improving. The momentum was very bullish. A position was taken at 86.75 with a target of one point (87.75). As long as things looked favorable the idea was to stick with it which we did. The trade was closed out at 12:30 for a 20% profit. What more would you want? Several important points that can be made are 1. Target, 2. Discipline, 3. Patience.
20D, 2Hr. - Apr. 29 - The Trend continues UP. We are at Mid Channel. Resistance is just above out heads.
3M, Daily - The Trend is Up but a significant Resistance level is just above our present price action. It has been talked about so much that I wonder if it is real. It may turn out to be Whipped Cream.
"Nut'z"
2D, 10m. - Apr. 29 - Todays trade was picking up on the early morning momentum. The first few 5 minute candles were positive and the AD's and UVol/DVol were both very positive. A Call position was taken at 8:45 @ 2.90 and was closed at 12:30 @ 3.45. The MACD was was rising and the internals were progressively improving. The momentum was very bullish. A position was taken at 86.75 with a target of one point (87.75). As long as things looked favorable the idea was to stick with it which we did. The trade was closed out at 12:30 for a 20% profit. What more would you want? Several important points that can be made are 1. Target, 2. Discipline, 3. Patience.
20D, 2Hr. - Apr. 29 - The Trend continues UP. We are at Mid Channel. Resistance is just above out heads.
3M, Daily - The Trend is Up but a significant Resistance level is just above our present price action. It has been talked about so much that I wonder if it is real. It may turn out to be Whipped Cream.
.jpg){kind=small}
