Showing posts with label SODA daytrade. Show all posts
Showing posts with label SODA daytrade. Show all posts

Thursday, August 11, 2011

SODA stop update

Move the stop on SODA to $45.90 below the 5min pivot locking in at least another $2 on our last quarter position left. Looking to take the rest of the position around the $49-50 area.


Wanna learn to trade this volatile market check out investanomics.com to learn more.


UPDATE:

Move SODA stop to $46.95 to lock in profits

Cha-Ching on SODA taking a $2 move, taking only partial profit

I would take some profits here with the rest of my stop at breakeven using a 5min pivot trail. Nice $2 move that came within 15cents of taking us out at breakeven but held in. I think we could get more so will try to ride half into the close or my pivot trail gets taken out.


Learn to pull profits like this at investanomics.com


UPDATE:

Taking another half of my posittion with a $4 profit quarter of my position left with $3 banked

SODA trade invalidated

SODA failed to give us our tigger and broke the low hitting 40.90 invalidating our play. There is a chance that this will bounce going into the afternoon session so keep and eye out.


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Day Trade on SODA

Take SODA on a 15min trigger, a 15min bar must close above 44.05 and a stop below the low at 41.15. This is only for a daytrade and must be closed before the end of the day. First target is 8ma second target is 20ma and big target is in the $50 area.


If the low gets taken out the trigger the play is invalid.

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