For those of you that missed the video Sunday night, take a look inside The PPT.
Epic calls by The PPT from RaginCajun on Vimeo.
As far as today’s trading, I took profits in:
Note: I will hold [[JASO]] for higher prices, and still looks good even up here.
Find out more in The PPT
Comments »We should see egregious strength in solar on the backs of [[FSLR]], so this is an area I want to watch early on.
One thing in common with the following names are that the stronger they get the better they look. All the charts featured below need strength to breakout, so don’t be scared to buy on strength– they can rip. (note: they can be volatile as hell, so trade accordingly)
[[JASO]]: I own it, and love it here. Watch how it reacts near the downtrend (orange) line.
Love the flag on [[EMKR]].
Last, but not least, CA’s favorite (for a trade), [[ESLR]].
Note: I own a basket of solar going into tomorrow [[JASO]], [[ENER]], & [[LDK]].
Comments »Sells:
Buys:
Note: Pure Gold found by Mr. Chart Addict:
I’m starting to think nothing can bring this market down. Over the past few days we have seen healthy consolidation within the market and it seems ripe for a breakout.
I myself have been taking profits on a number of names and even trigger shy when it comes to opening new positions, but it looks like we may breakout above 875 sooner than later.
I’m also starting to worry about my FAZ position, could it go the route of [[FAS]]? Certainly looks that way.
And, how ’bout my position in [[UA]]– on Fire. I was fortunate enough to realize it did not belong in the teens and have been banking coin on this position for the last month.
To wrap things up, I will continue to let my winners run, timid to commit capital to new positions, and happy to know I have a nice cash position waiting for the next move.
Patience here.
Comments »875 continues to be “the” level of resistance. I think we pullback this week to create a nice little right shoulder, and then it’s off to the races as we break 875.
My positions are as follows:
Note: Sold DELL @ 11.29, noted in PPT.
Gameplan: I’m looking for a pullback here, back down to 800, and when we get it, I will sell my godforsaken position in FAZ and get long a few more stocks for the massive rally coming– (indicated by the fantastic inverse head and shoulders pattern currently taking place in the indices).
Comments »
