Two longs on tap.
XFML 7.10 looks pretty sick
PCSV 1.52 otcbb pumped couple months ago, may be in dump phase
Chasing momo:
SPSN in 11.89 out 11.65 bought 3 minutes after the open is the wrong thing to do, should wait 15 minutes.
DNDN in 7.16 out 7.13 it did not pan out
ITW in 52.40 out 54.28 a tad slow entering, trailing stop worked good
CRNT in 8.68 out 8.56 didn't work
PEIX in 14.47 out 14.40 bailed pretty quick, I had to leave so didn't want to hold any longer, didn't really run afterwards.
One win and four losses is not a good day.
ESRG volume double yesterday, promo mailing must be working
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2 comments:
ESRG - 2.47, you might want to take out a few chips at 2.50, lock in part of the gains and won't be sorry even if it makes sharp dips.
Good trading.
I see XFML might have bottomed.
Didn't see your comments until after the close. Looks like they did another rinse job, came right back up. Anyways thanks for your suggestion. I'll sell off a partial when it get back up there.
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