Friday, August 18, 2017

SNAP- Snapchat- Is it good time to buy?

SNAP- Snapchat- Is it good time to buy?
I don't follow SNAP but somehow I stumbled upon the chart. It seems to offer pretty good risk-reward situation.
1) There was a strong U Turn signal few days ago. The stock turned around on heavy volume. 
2) Now the stock is facing a resistance/selling pressure around $14. 
The plan is to ride it WHEN it breaks above 14 with a stoploss of $1.



SNAP Chart
SNAP Time to buy

Wednesday, July 12, 2017

Ford F - Stock seems relatively risk free to invest

Overall market is blooming/booming but on Ford Motors stock.
If you look carefully, there is a pretty rounding bottom formation. I think it is a great candidate from investment perspective.
Buy at current level around $11.50 with stop loss at just below 52 week low  $10.74. (Chart: courtesy of http://tradingview.com


Tuesday, June 27, 2017

$AMZN #AMZN Amazon- I have not seen this clear profit taking in Amazon.com stock ever

$AMZN #AMZN Amazon- I have not seen this clear profit taking in Amazon.com stock ever. The stock touched $1000 plus but since then, over last one week, I constantly keep seeing the profit-taking by some circles.
Investors be careful. No stock in the world is good stock for ever. A stock is good as long as it is priced right. I think Amazon is not. I see many smart investors are dumping the stock of Amazon.com.
If you have courage, it is time to buy some put options or short the stock with a $50 risk.


Friday, May 26, 2017

Watch List 2017/05

Just read Nicholas Darvas' book about how he made 2 million in less than 2 years. I want to experiment his methods.

Watchlist:

DDD: 3D Printing: Looks like flag pattern. (2017/05/26)
Trading plan: Buy 1000 now with stoploss at 20.95. Buy 2000 more above 23.75 or when volume picks up with rising prices. (It dropped today below 20.95. Luckily, I didn't buy any stocks. Was just watching)

UA: Under Armour: Looks like in a Box (17,20) (2017/05/26)
Trading plan: Buy 1000 now with stoploss at 16.90.
Buy 2000 more above 20.10.
* Bought 1000 stocks- Sold them at 19.79! What am I thinking? Why did I sell? (Profit ~$1600)
* Bought 2000 around 19.50 and 2000 more at 18.92 (July 19)

RILY B Rily: In a box. Pick up in volume (2017/05/26)
Trading Plan. Buy 1000 share now with Stoploss at 13.45
Buy 2000 more above $16
* Position of 3000 stocks. Volume is still going strong. Would buy more above $16
* (Update 07/12/2017) Had a position of 4000 when it broke out. Sold 2000 around $19. Sold 2000 at 19.70 (July 19). Profit around 15k.


ANF In a box. Pick up in Volume (2017/05/29)
Trading plan: Buy 1000 above 14.55 With stoploss at 13.50
OR around 12.06 with SL at 11.45 and 2000 more above 14.55
* Bought at 12.06...(Update 07/12/2017)and lost heavily as it did not give a chance to exit. It open almost 2 dollars lower!!
Dang it!!

DRYS- DryShips 2017/06/12
Horrible stock. Not for investors. Not for 99% of speculators.
* A box is forming. $1.80 low and $2.05 on the high.
* Bought 4000 around $1.95 with SL at $1.78.
* Double up above 2.10

FORD Motors - F Stock
Buy 33% stocks now. Rest on any day with UP gap or above $12.
Bought 6000 and sold them @11.77 with a profit of around 2k (July 19)
http://beststocktradingbook.blogspot.com/2017/07/ford-f-stock-seems-relatively-risk-free.html

SNAP- Snapchat- Is it good time to buy?
I don't follow SNAP but somehow I stumbled upon the chart. It seems to offer pretty good risk-reward situation.
1) There was a strong U Turn signal few days ago. The stock turned around on heavy volume. 
2) Now the stock is facing a resistance/selling pressure around $14. 
The plan is to ride it WHEN it breaks above 14 with a stop loss of $1.


Shorts:
Tesla TSLA- Created a U TURN (SELL) reversal. It is a perfect signal
Short with a SL at 378.01!
http://tsla4tesla.blogspot.com/2017/06/tesla-stock-tsla-touched-376-today-and.html