Wednesday, April 18, 2018

New Positions - April 18, 2018

$ATN out. $MRC out. 

Started the day at a loss because of those two, but fear not! $VITAmins to the rescue!
$VITA Monthly Chart Breakout
Whenever i see this kind of breakout, some stocks come into mind. ($NOW at 3.00/sh, $PXP at 3.00/sh, IDC at 4.00/sh, etc.) Of course, psychological resistance will be hit soon such as 4, 5, 6,.. but technically speaking, 8.00 is the NEXT REAL WALL. Then finally 11.70/sh. I don't have any buys on this stock anymore. Just gonna sit and execute my plan without exception.

Current Positions:
Portfolio April 18, 2018

$PXP
$PXP Daily Chart
Looks like the selling pressure is already over. Technically speaking this looks like a good rebound play for the days to come. One good catalyst we can probably go to 20.00/sh soon.

$RWM
$RWM Daily Chart
Currently consolidating after a long rally. For some reason this stock ain't falling despite the very bad market. I like it!

Note to self:
"What looks expensive today, may not be expensive tomorrow. What looks cheap today, may not be cheap tomorrow." 

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