Besides my current positions (LR, ATN, ION, RLT), I found some stocks that may go crazy especially once the market has stabilized and resumes its uptrend.
First up, $CEI.
Heres my plan:
- 1st tranche on break of 0.3000
- 2nd tranche on break of 0.3450
- 3rd tranche on break of 0.3850
Cutloss: Break below 0.2900
Second, $IRC
Interesting close today, but i'm always on the look out when it comes to trading this stock. Too many head fakes just like $LR. I'll buy at 1.06. When? It really depends, if you're a high risk trader, then buy as soon as it hits 1.06. If you're a conservative one, then wait for the closing price. If it closes above 1.05 then enter before the market closes.
Third, $WLCON
FInally broke out of that 11.00 resistance. Will buy this at the opening price and will cut if it closes below 11.00. My second tranche will be at 11.35 as soon as it breaks it. Then my third tranche will of course be at 11.70 breakout
Lastly, $MRP
Will enter this too at the open. Will cut 50% if it closes below 8.00 & will exit everything if it closes below 7.80. Will buy again on 8.15 breakout.
What can u say about $ION?Target price and entry price?
ReplyDeleteI'm more of a trend follower so i don't really have a target price. As for the entry price, I bought at 2.55/sh but i'll buy again if it breaks above 2.65
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