There's a reason why I watched CREE all day to get the trigger and why the breakout was successful. Learn the techniques at investanomics.com
UPDATE:
Take profits on rest of position in CREE in the $46.90 - $47 areas stop now $46.31
Showing posts with label CREE daytrade. Show all posts
Showing posts with label CREE daytrade. Show all posts
Thursday, August 11, 2011
CREE Profits in the bank on a nice daytrade
Banked 3x risk on CREE with a tight stop. move stop to breakeven at 36.11 sold 3/4ths of my position in the high 30 cent area. On these type of breakout plays I like to use tight entries to maximize returns. You have to let your winners run and worst case scenario the rest of the trade takes you out breakeven. Close the position near the end of day if our 5 min trail doesn't take us out.
There's a reason why I watched CREE all day to get the trigger and why the breakout was successful. Learn the techniques at investanomics.com
UPDATE:
Take profits on rest of position in CREE in the $46.90 - $47 areas stop now $46.31
There's a reason why I watched CREE all day to get the trigger and why the breakout was successful. Learn the techniques at investanomics.com
UPDATE:
Take profits on rest of position in CREE in the $46.90 - $47 areas stop now $46.31
CREE potential breakout
I'm watching CREE for a potential breakout move. The strong had a real strong opening and I believe this consolidation could be setting up for a nice breakout daytrade. Resistance is the $36 area so I want CREE to break above that to go long.
Find out more about daytrading at investanomics.com
Find out more about daytrading at investanomics.com
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