Swing Trades

Discussion in 'Trade Journals & Stock Tips' started by Jenn, Mar 7, 2017.

  1. Jenn

    Jenn Senior Investor

    Joined:
    Mar 2017
    Posts:
    106
    Likes Received:
    27
    AMD: On the daily, historically when the price touches the lower BB it goes back up...usually touching the upper BB over the course of a few days.

    It just touched the lower BB yesterday on the daily (looks like a pivot). It's up today (so far). As long as it's positive for the day I think this may make a nice swing trade.

    You could set your stop at the low of the day today with a potential of getting to the upper BB @ $15 over the next few days 5/1 rr.
     
    Last edited: Mar 7, 2017
    • Like Like x 1
  2. ciao

    ciao Senior Investor

    Joined:
    Sep 2016
    Posts:
    769
    Likes Received:
    32
    Well done Jenn now with this thread I hope you don't forget me:(
     
  3. Jenn

    Jenn Senior Investor

    Joined:
    Mar 2017
    Posts:
    106
    Likes Received:
    27
    haha....I won't :)
     
  4. Jenn

    Jenn Senior Investor

    Joined:
    Mar 2017
    Posts:
    106
    Likes Received:
    27
    I took 500 shares @ $13.20. I'm going to set my stop @ $13, target $15. I'm risking $100 to make $900
     
  5. Jenn

    Jenn Senior Investor

    Joined:
    Mar 2017
    Posts:
    106
    Likes Received:
    27
    Moved my stop up to $13.25
     
    • Like Like x 1
  6. ciao

    ciao Senior Investor

    Joined:
    Sep 2016
    Posts:
    769
    Likes Received:
    32
    with that you safe the capital :cool:
     
  7. Jenn

    Jenn Senior Investor

    Joined:
    Mar 2017
    Posts:
    106
    Likes Received:
    27
    Yep, now risk is off the table and the worst case is a profit of $25.
     
  8. ciao

    ciao Senior Investor

    Joined:
    Sep 2016
    Posts:
    769
    Likes Received:
    32
  9. Jenn

    Jenn Senior Investor

    Joined:
    Mar 2017
    Posts:
    106
    Likes Received:
    27
    Yeah, another reason NVDA is the better play long term. I would like to get back in NVDA once it regain the 9&20ema, I would be back in long.

    AMD is a pure technical play on the price action, short term only....I don't believe in this co long term.
     
  10. Jenn

    Jenn Senior Investor

    Joined:
    Mar 2017
    Posts:
    106
    Likes Received:
    27
    I stopped out @ $13.25 with +$25. I may buy again to swing if there's a good setup or at the end of the day if it's going to close positive.
     

Share This Page