PPHM - Chart Link - old trade idea of my a
few weeks back, as you now it gained some life last Friday and
Monday - keep an eye on this one, yes it's a low priced phama
stock, but I like that pattern - I also still own some of this one,
I would love to see volume come into it and take out the 1.44
area
PPHM - Chart Link - 60 min view, broke out
of a wedge pattern last Friday and this Monday on the 60 min chart,
pulled back but held the Ma's yesterday, and volume patterns are
decent - so this is one that I"m watching
kind of depends on you - I took some initial profits on the pop
late last week and Monday so I'm OK giving some room - could be
different for you.
right now it has a lot of MA's piled up here, short term the 9
EMA, 20 SMA and 200 SMA, I would like to see it hold those.
the 50 SMA is below as well, but it's down around a buck -
not sure if you want to give it that room. For me I would
like to see it hold the 1.24 recent low area and I want to see
volume come into it, if volume starts to come into it I will add to
position
PPHM keep an eye on
Posted by matt on 4th of Jan 2013 at 10:48 am
PPHM - Chart Link - old trade idea of my a few weeks back, as you now it gained some life last Friday and Monday - keep an eye on this one, yes it's a low priced phama stock, but I like that pattern - I also still own some of this one, I would love to see volume come into it and take out the 1.44 area
PPHM - Chart Link - 60 min view, broke out of a wedge pattern last Friday and this Monday on the 60 min chart, pulled back but held the Ma's yesterday, and volume patterns are decent - so this is one that I"m watching
Matt: I'm in on PPHM @ $1.22. Thoughts on a trailing stop?
Posted by RichieD on 4th of Jan 2013 at 11:58 am
kind of depends on you
Posted by matt on 4th of Jan 2013 at 12:10 pm
kind of depends on you - I took some initial profits on the pop late last week and Monday so I'm OK giving some room - could be different for you.
right now it has a lot of MA's piled up here, short term the 9 EMA, 20 SMA and 200 SMA, I would like to see it hold those. the 50 SMA is below as well, but it's down around a buck - not sure if you want to give it that room. For me I would like to see it hold the 1.24 recent low area and I want to see volume come into it, if volume starts to come into it I will add to position
Did something similar....
Posted by RichieD on 4th of Jan 2013 at 12:24 pm
Bought in @ $1.21 early December, sold entire position @$1.36, then re-bought @ $1.22 several days ago.