DECK - Chart Link - discussed yesterday on
the blog during the trading day and last night in the newsletter -
moving up for now in case some of you bought some...
just have stops in place folks and decide how you want to play
it i.e. quick trade in/out, or sell some and hold some, or wait for
larger move, you decide
Posted by frtaylor on 15th of Jan 2013 at 10:59 am
Yes, the gap is what prompted me to take 1/2 off. Volume
looks good. My stop is now 38, just below the spike from last
Friday. Good trade so far! Credit goes to John
Najarian, who spotted "unusual call activity" last Thursday on
FM.
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DECK follow up
Posted by matt on 15th of Jan 2013 at 10:12 am
DECK - Chart Link - discussed yesterday on the blog during the trading day and last night in the newsletter - moving up for now in case some of you bought some...
just have stops in place folks and decide how you want to play it i.e. quick trade in/out, or sell some and hold some, or wait for larger move, you decide
Took the rest off at
Posted by frtaylor on 15th of Jan 2013 at 03:16 pm
Took the rest off at 40.08. Hard to resist taking profits when the market seems a little wobbly.
it was a beaut! nice
Posted by matt on 15th of Jan 2013 at 03:19 pm
it was a beaut! nice trade frtaylor.
though I guess if all those shorts begin to cover, it could really start to go, we'll see, but nice to take some profits for sure.
starting to approach 41 now....
Posted by frtaylor on 15th of Jan 2013 at 03:35 pm
starting to approach 41 now.... negative divergence on the 15 min chart. If anyone else is in it, might want to cash out/trim/raise stops.
sold 1/2, the rest stop
Posted by frtaylor on 15th of Jan 2013 at 10:31 am
sold 1/2, the rest stop at entry.
frtaylor - all hands on
Posted by steve on 15th of Jan 2013 at 10:34 am
frtaylor - all hands on DECK
(couldn't resist the pun)
Was a nice trade today...raise stops and/or take some profits.
DECK just filled open gap from 1/7-1/8
Yes, the gap is what
Posted by frtaylor on 15th of Jan 2013 at 10:59 am
Yes, the gap is what prompted me to take 1/2 off. Volume looks good. My stop is now 38, just below the spike from last Friday. Good trade so far! Credit goes to John Najarian, who spotted "unusual call activity" last Thursday on FM.