VRTX daily chart, nice chart, I bought
some early here with a stop just below 32. If volume comes
into it and it can take out the trendline, I'll add to my position.
I hope some of you bought VRTX last week, nice follow through
today! As I stated last week, I bought early with an initial
stop below 32. Now I'm taking some profits and moving stops
up on my remaining shares to today's low. Target are is the
horizontal line above
Again, many times we buy stocks early near support so that our
stops can be tight, vs waiting for a stock to breakout.
That's why I state that our long trade ideas don't have a set
'breakpoint' to them, because many times you can buy them early
like near a MA or trendline with a much tighter stop vs waiting for
them to breakout and now the trade is a higher risk
I did the same and am moving stops to around today's open. What
is the significance of the blue target notation you have on the
chart. I can't see a pattern
VRTX
Posted by matt on 5th of Jan 2012 at 11:23 am
VRTX daily chart, nice chart, I bought some early here with a stop just below 32. If volume comes into it and it can take out the trendline, I'll add to my position.
VRTX 60 min view
I hope some of you
Posted by matt on 9th of Jan 2012 at 02:40 pm
I hope some of you bought VRTX last week, nice follow through today! As I stated last week, I bought early with an initial stop below 32. Now I'm taking some profits and moving stops up on my remaining shares to today's low. Target are is the horizontal line above
Again, many times we buy stocks early near support so that our stops can be tight, vs waiting for a stock to breakout. That's why I state that our long trade ideas don't have a set 'breakpoint' to them, because many times you can buy them early like near a MA or trendline with a much tighter stop vs waiting for them to breakout and now the trade is a higher risk
I did the same and
Posted by ragwing on 9th of Jan 2012 at 05:34 pm
I did the same and am moving stops to around today's open. What is the significance of the blue target notation you have on the chart. I can't see a pattern
yes i did, thanks for the pick.
Posted by morton13 on 9th of Jan 2012 at 02:48 pm
i'm holding a bit longer though to let it run..hopefully...
VRTX
Posted by joezzz on 9th of Jan 2012 at 04:23 pm
what would be a good exit point for VRTX ?