CLMT follow up

    Posted by matt on 8th of Sep 2016 at 02:50 pm

    CLMT - Chart Link - been on the watchlist forever, forget to show it last night, POW big base breakout, notice it was holding support for a long time

    I bought last week also,

    Posted by mcheberger on 8th of Sep 2016 at 04:46 pm

    I bought last week also, when it was testing the 9 EMA.

    I'm still holding, but moved my stop up to 50% of today's range. That's my style of trading.

    Yes with the large solid

    Posted by matt on 8th of Sep 2016 at 06:05 pm

    Yes with the large solid candle one could use 50% of the candle range

    Amazing, wow!

    Posted by morton7 on 8th of Sep 2016 at 03:33 pm

    Amazing, wow!

    do we hang on to

    Posted by jeff8102 on 8th of Sep 2016 at 03:36 pm

    do we hang on to CLMT ?

     

    My advice Jeff - sell

    Posted by steve on 8th of Sep 2016 at 03:50 pm

    My advice Jeff - sell part to protect profits and trail stops on the balance and buy your employee friends a drink. 

    Great idea ... sold some

    Posted by jeff8102 on 8th of Sep 2016 at 04:03 pm

    Great idea ... sold some on close .... thanks

    jeff make sure to make

    Posted by matt on 8th of Sep 2016 at 03:43 pm

    jeff make sure to make your questions clearer to understand.  

    so for one, by the way you worded your question (should we hold) I assume were in CLMT? if so great job!!  

    As far as you holding it or not, that's up to you, there's no one way to trade, depends on your trading style.  one option, after such a move consider selling 50% and setting a stop on the rest.  If you think this could turn into a swing trade out of the base, then give the rest enough wiggle room on the stop 

    Thanks....been in for a week...know

    Posted by jeff8102 on 8th of Sep 2016 at 03:45 pm

    Thanks....been in for a week...know the company and some of the employees

    great to hear glad you

    Posted by matt on 8th of Sep 2016 at 03:46 pm

    great to hear glad you were in it, nice move for you!  

    unfortunately for me I was in it last week and got bored and sold it, then forget to set an alert, so I completely missed today's move! but that's trading

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