Stocks on my radar screen for the week of 2010/8/9

作者:老石  于 2010-8-9 11:56 发表于 最热闹的华人社交网络--贝壳村

通用分类:财经理财|已有1评论

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Not much change in the broad market situations. So the stocks on my radar screen this week are:
 

Ticker

Position

Entry

Price

Stop

Loss

Targets

Rationals

Review

CHRW

Short

67.00 ~ 67.20

67.7

63.5

Last week did not break the resistance. 8/6 closed with a inverted hammer. Weekly volume below average, showing upward momentum slowing. Weekly CCI is 244, showing overbought.

I entered at 37.36 on 2010.08.09. Unfortunately, I was stopped out at 67.70. Had I given a 1.00 room for stop, I could have won a decent profit.

I always have problem of stop. Too big, you may risk too much. Too tight, you may be stopped out.

ILMN

Short



long

47.95



48.00 or


45.00

48.2



47.50

or

20-day EMA

46.00



50.00

I would be willing to risk 0.25 for a play for short, as it's now at historical high.


If the price breaks out of 48.00, I would buy at 48.00 when it pulls back. Or if it did not break out this time, and the price pulls back to 9-day EMA (around 45.00)

It did not reach 47.95. So I did not have chance to short.

It did not reach 45.00 either, so I did not have a chance to long.

GENZ

Short


or


long

73.50




63.00

74.15




62.50

64.00




70.00

73.90 and 75.30 are two major resistances. I would like to short at close to the upper resistance zones as possible.


The stock is bullish. The 200 moving average is around 63.00.

Did not reach 73.50, nor to 63.00. So no trade.

INTU

Long

38.00


37.50


43.00


The stock is bullish, but RSI and CCI are either showing overbought or close to overbought situation. So it might have a pullback in recent a few days. I hope to buy when the price pulls back to 20 day moving average.


It's next major resistance is around 45.00.

Did not meet my criteria. So do trade.

 

 

 

 

MICC

Long

89.11

88.91

96.00

and

106.00


Very bullish stock. Minor resistance zone between 96.00 and 99.00. If the general market is not loosing ground this week, this resistance zone will be passed. CCI showing overbought. So there might be a correction. 89.11 is my hopeful long entry.

I did not trade on this stock, although the price reached 89.11 on Wednesday and Thursday.

That was because I felt the whole market conditions has changed. Bearish mood set in and I was cautious about opening long positions.

APOL

Long

37.80

33.50

37.50

32.80


52.00


APOL is close to 52-week low. It had big drop in the past a few months. Last month, it starts to move up. It almost hit the weekly 20 EMA and the dropped again. The drop was Looking at weekly chart, last Friday produced a low lower than that of 6-weeks ago. So I speculate that it might penetrate current resistance and goes to the next level of 37.64.

Did not reach 37.80 yet.

 
In addition, I will watch GILD for a possible long postion at 32.00 and long BAX at 41.50 based on weekly charts. If the conditions are not meet, I would rather wait.
 

高兴

感动

同情

搞笑

难过

拍砖

支持

鲜花

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2 回复 老石 2010-8-16 10:29
In the last week, GILD and BAX did not meet my criteria either, so no trades for
these two stocks.

So, in the last week, I lost money on CHRW, and no trade on any other stocks.

facelist doodle 涂鸦板

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