PPHM - Chart Link - nice 40% gap up today,
we've been following this for a while, it's up on news of Phase 2
trials, it's a small biotech, congrats if you had a position in
this one - I stated that I thought one could take a position at
those MA's with a tight stop and I have a position
PPHM - Chart Link - 60 min chart - you can
see how it had consolidated at the MA's, that was a low risk buy
because your stop could have been placed just below that.
Again while Steve and I show resistance levels on stocks, that
doesn't mean we wait until resistance is taken out before we buy,
no no, many times we buy at support when we can because our stops
can be very tight
PPHM keeps going - the price target was raised to $2.75, so
that's helping as well, I took some profits, but I still have some
in case it keeps going, so far so good....
PPHM up another 30 cents since I last posted an update, hit
$2.5, hell maybe that $2.7 price target by that firm will be hit
today LOL - up 82% today, crazy.
PPHM - 40% gap up
Posted by matt on 7th of Jan 2013 at 09:38 am
PPHM - Chart Link - nice 40% gap up today, we've been following this for a while, it's up on news of Phase 2 trials, it's a small biotech, congrats if you had a position in this one - I stated that I thought one could take a position at those MA's with a tight stop and I have a position
PPHM - Chart Link - 60 min chart - you can see how it had consolidated at the MA's, that was a low risk buy because your stop could have been placed just below that.
Again while Steve and I show resistance levels on stocks, that doesn't mean we wait until resistance is taken out before we buy, no no, many times we buy at support when we can because our stops can be very tight
Just sold. That was a
Posted by frtaylor on 7th of Jan 2013 at 09:49 am
Just sold. That was a nice one!
Just sold mine. Nice 54% Profit!. Good call Steve and Matt!
Posted by wvj32 on 7th of Jan 2013 at 10:06 am
still probably not as good
Posted by matt on 7th of Jan 2013 at 10:09 am
still probably not as good as STP - but I sold that one too early honestly, it just kept going
PPHM keeps going - the
Posted by matt on 7th of Jan 2013 at 10:28 am
PPHM keeps going - the price target was raised to $2.75, so that's helping as well, I took some profits, but I still have some in case it keeps going, so far so good....
PPHM up another 30 cents
Posted by matt on 7th of Jan 2013 at 11:33 am
PPHM up another 30 cents since I last posted an update, hit $2.5, hell maybe that $2.7 price target by that firm will be hit today LOL - up 82% today, crazy.
intra day on the 5 min it's riding the 9 EMA up
Moved my stop up to $1.78
Posted by RichieD on 7th of Jan 2013 at 09:48 am
Probably will be taken out of my position any minute.
yeah it's hard not to
Posted by matt on 7th of Jan 2013 at 09:49 am
yeah it's hard not to take at least some profits on this move - if you want to keep some that's OK, but after such a move and on news, take some