iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

CHK: Bought @ 46.85

[[CHK]] This is a great entry point if you’re not in the name. At this level it presents an easy exit strategy, stop (exit) @ 46.60. If you’re already in the name, man up and pull the trigger.

Note: Earnings on Thursday

Comments »

Morning Update

Does it surprise you that we’re up after the day we had yesterday? I shouldn’t. I need to put myself in strict day trader mode as I keep watching my gains disappear.

Just yesterday I had a nice gain in [[CHK]], but today is a differnet story. I’m still holding the stock as it sits on the 200 MA, but any lower and I will have to toss it out.

Oil broke support some minor support today, which should be bullish for the overall market– Keep an eye on it.

My shorts [[CRM]] & [[ENER]] seem to do the same thing everyday, pop at the open then fade. I’m starting to getting antsy with this ENER breakdown and may dump it today, same goes for [[CRM]].

Anybody watching [[USS]], it looks interesting. [[BWLD]] reports after the bell, I like it ahead of numbers. Ag received a nice pop at the open, but is now fading. I like the short setups from last night.

Comments »

Ag is Dead!

MOS reports great numbers, yet gets murdered. Take a look at CMP after hours.

[[AGU]] near trendline violation:

[[CF]] running against 50 MA as well as long termtrend line. (Reported great numbers after the close, but did nothing.)

[[MON]] about to knife through it’s 200 MA

[[SQM]] Has room to fall

[[TNH]] Bear Flag

[[TITN]] is dead, nice head and shoulders!

I will be keeping a close eye on the sector tomorrow, short setups are everywhere.

Comments »