After looking over some past trades, JAG and DELL, both reached my profitable exit. If I would have waited I could have come out with more profits, so in the future, I will try not to jump the gun. I'll do my best to hold onto my trades until they get closer to my intended exits.Today's new trades have not moved much from the entry points, but we will see what the market has in store for them during tomorrow's trading session. The image shows the current open positions and value of my simulation portfolio.
Tomorrow, I'll be looking to short sell SWM. Both its RSI and Stochastic are near 80 and the MACD is nearing its last peak. I'll be looking to short sell T. Its RSI has reached the last 2 peaks and the Stochastic is approaching 80. Last, I'll be looking to short sell KOG. Its RSI and Stochastic have both reached 80 and its MACD looks about to peak.
As for buying, I do not have any sure options, but I will be watching both CREE and BIIB close. Both are about to reach the Moving Average as a floor and the RSI for both has peaked and is falling fast. The Stochastic still has room to fall and I will be looking to buy them if they fall for another day and the Stochastic is at a valley point.
As always I will update you immediately when I place a trade order during the trading session. Thank you for reading.
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