Owl

No financial advice! Do your own research.

[Owl @ChartingOwl]

#braindump #diary
This thread will be my "diary", which I'll use from time to time to do a braindump.

[Owl @ChartingOwl]

$CPSH mh, is this a trade for today?

[Owl @ChartingOwl]

Never filled. That'why I like Stop Limit Buy orders, if the price is not reaching the level, I don't have to worry about catching the wrong stock. Maybe a new chance next week.

[Owl @ChartingOwl]

$APPS nice flag with great volume.

[Owl @ChartingOwl]

$APPS placed an order.

[Owl @ChartingOwl]

$AIRS looks also interesting.

[Owl @ChartingOwl]

$PSNL I like the 1h for an entry, but looking at the 1D I am not so sure.

[Owl @ChartingOwl]

$AMBQ looks ready for a buy.

[Owl @ChartingOwl]

$WOLF as I feared, my SL was hit and it moved up.

The stock looks still very good and I will look for another entry.

[Owl @ChartingOwl]

$WOLF looks very good. I like this consolidation above the 1D 200 SMA and the reclaim of the structure with yesterdays close. I am not yet sure if I should place a order before or after the open - mainly due to SL level choice.

[Owl @ChartingOwl]

$WOLF I placed an order, bc I do not know if I am available at the open.

[Owl @ChartingOwl]

it could be fatal if the stock is diving.

[Owl @ChartingOwl]

$BLZE I placed an order. I like this chart a lot, massive push after earnings, nice consolidation with coiling. Sure the volume profile looks a bit flat with that monster volume spike, but without it, it has still a decent decline during the consolidation.

[Owl @ChartingOwl]

Sometimes it seems to me, that it would be better to use a sell rule like: if 1D closes below SMA10, then it also needed to close on the next 1D also below SMA10, if it does, sell on the next open.
This might be good for such areas where it is moving more sideways, but ..

[Owl @ChartingOwl]

$IRDM my raised SL got triggered. The daily close looks great, I will look for another entry.

Review:
- sell of 1st half: ok
- overwriting 2nd sell rule: acceptable
- raised SL: level is ok, though it might be better to use the trade tf (1D) and not the entry tf (1h) for the SL.

[Owl @ChartingOwl]

$IRDM Looking interesting. But so far I saw no tradeable stop loss level.

[Owl @ChartingOwl]

$IRDM overwriting my exit rule of "selling 2nd half after 1d close below SMA10" on this one.
Reasons:
- at 1h horizontal support
- decent opening price
- my raised SL is close by

[Owl @ChartingOwl]

instead I sold a few minutes after the open, bc I hoped it would show a bounce immediately, it did not and I sold quickly.

=> Overall bad management. Probably due to secretly hoping to enter into a bigger trade and hoping that MSFT makes a big move (which I still think).

[Owl @ChartingOwl]

$MSFT Looks ready on the weekly. I might add to my position if this behaves in a good way to get another entry.

[Owl @ChartingOwl]

$MSFT I sold yesterday, bc the the day before closed below SMA 10.
Review:
- skipped selling half after 3-5 days (was the right call), and "sort of" decided to keep all until it closes below SMA10 on 1D.
- when it closed below SMA10 I did not place the sell order before the open

[Owl @ChartingOwl]

@Karkulka2002 purely based on the chart. I'll probably sell today half according to my plan and keep the rest until the 1D closes below the sma 10.

[Owl @ChartingOwl]

$XRX also caught my eye, seems to be a potential squeeze candidate, though with higher risk. So far, also no tradeable setup. I hope it gets tighter.

[Owl @ChartingOwl]

$XRX still in it.

[Owl @ChartingOwl]

$XRX We are getting into monthly resistance between 3.30 - 4.20. Weekly resistance near 3.60 and daily resistance near 4.00.
However I could see this, going easily to 6.30, looking at the monthly.

[Owl @ChartingOwl]

@159Adir52550 $WOLF This zone is the one I like. It dived below and reclaimed it quickly. So 50's might have been the bottom of the correction - we'll see.

[Owl @ChartingOwl]

$AMPG I like the big change in volume on the daily since the last earnings. Good run and now a decent, although a bit wide correction. However the hourly looks promising.
For a decision I will wait for the open, bc right now my SL would be too wide.

[Owl @ChartingOwl]

$ZONE I like the daily, but the hourly looks a bit weak and the weekly quite extended. So I will watch it for now and wait and see.