Week of 4/18 Watchlist

watchlist

04/08/2016 RECAP

ACAD- took some short when it failed at 32 and slammed toward g/r.  stop was HOD, looking for
a 32 wash.  

CPXX- i wasn't really watching this all morning, but decided to have a look.  when it started
breaking down again, i chased it thinking maybe it would wash toward 12.  was just a stupid
FOMO trade.  it was already 10:30, and it had big morning move.  i let it consolidate for a while,
thinking maybe it could wash more, or push toward the vwap.  i didnt want to risk to the
VWAP given i chased it already.  when it had a little pop over the 9EMA, i took it off.

MOMO- i started short when it spiked green, then i thought it was failing and wash red and
maybe 16 again.  realized i was wrong and that it held so took it off for basically flat. 
i kinda took it off radar at that point since most my attention was going into RLYP.  i saw that it had
failed to reclaim the VWAP twice, so i took a small position short, when i thought it was
about to wash red.  i put my stop at 16.65 when it held right at my entry.  i was ok with it
chopping around more, but given the daily chart and it being day 3, i was hoping it would fade
off late day.  i didn't really want to hold it o/n, especially the weekend.  i know that was
probably a bad idea, but given the volume and how it was trading, i'm hoping that it gaps down
on monday and at least washes 16, before potentially moving up. to me on the daily chart this
area has a lot of resistance and i think it will pull back before anything.  if not, prolly
gaps and tests 20.  

RLYP-when it opened a bit weak, then spiked, i got long anticipating a r/g push toward 25. 
when it popped back down, i added more, using the previous candles as my stop.  stopped out,
the range and spread kinda freaked me out, i wasn't sure of the range.  took a short when
it popped up and made a lower high, thinking maybe a 23 wash.  took it off when realized
i was right on the long for the r/g.  kinda whip sawed me around and shook me up from the start.
i took a few seconds to kinda calm myself.  the took a really small short position when it failed
at 25.  I set 25 o/u as my stop, but since my size was way more appropriate to how
it was trading, i was ok having a bit looser stop at that paint, given the daily chart. when it went red
i added a bit more size.  should have covered some when 23 washed, but was trying to be patient. added a bit more,
think too early.  i thought a flag was forming and that it would crack.  covered it all when 23 washed again.
i was going to try being patient for the 22 wash with the rest, but decided to just take the profits. 

TSLA- i chased some when it started to roll red thinking it would was 255.  took it off when
knew i was wrong.  took it off radar.  when i saw it was going to go red, i tried to get short
but couldn't filled.  when it washed and held the previous bottom, i canceled my fill to
make sure it wasn't going to bounce again.  when it started to roll over, i bit the bid.
i was looking for a potential wash toward 247.  i was thinking about holding this while at work
and just setting a market stop, and seeing if it could fade more throughout the day, but talked
myself out of it.  it is far too wild of a stock, and was already a nice profit.

04/07/2016 RECAP

VRX- shorted some into the 37.60s, took it off at 38, i thought it might push toward 39.  re entered short when i realized it was a stuff.  covered on the 37 break.  long some at 36, sold into the 9ema spike.  reshorted and covered back when double bottomed at 36.  more shorts and covers along the way. 

04/06/2016 RECAP

ACAD- didn't read this well for a short.  was going based on yesterdays highs for risk.  took the loss when i was wrong.  tried again when looked like it was having a hard time at 31.80s.  took it off for even when it pulled back and held. 

CREE-  i have a hard time playing these gap down shorts.  my plan was for a 25 test and fail for the 24 wash.  it happened so fast that i froze on taking the profits.  cut it off when it started to look like it was going to test the HOD again.  when it failed i shorted more, covered for a tiny gain, had to leave and i didn't like how it was trading. 

VRX- quick trades for potential 33 washes toward VWAP.  when it held support twice, look the gains. 

MOMO- shorted into the 15.80s push, wanted to add if pushed through 16.  covered partial at vwap.  added back thinking maybe further wash.  took it all off when it held and switched long with my stop under the vwap.  sold bit too early, but nice profit.  tried short again, thought it was setting lower high.  took it off basically even.  then kept shorting and covering in the chop.  stop was way too tight.  should have just left it alone at that point. 

04/05/2016 RECAP

VRX- shorted into the parabolic, covered all on the wash.  shorted some more on the backside.  was a bit late, but i was kinda thinking it would hold on more before washing.  when it broke 29, shorted more for potential 28 wash.  shorts and covers along the way. 

ACAD- started short way too early when i thought g/r wash and potential 28 wash.  when it held, should have take the starter off.  added more when i thought it failed at 31.  took it all off for a loss when kept going.  when it broke on volume, re entered short risking on HOD.  covered on vwap break and added back when thought would stuff at vwap.  moved my stop to 31.  covered it all when failed to go red. 

TSLA- was too early, thought today might be the pull back day.  was wrong.  took the loss and tried again when failed r/g.  covered when thought it might go green again.  didn't have a good entry so was to skittish. 

3/31/2016 RECAP

AG / ODP / WLL / X

traded pretty well both long and short today.  WLL traded both long and short on it.  sold the long a bit early.  X, my second entry after cover was too early again.  i should have waited for the VWAP pop, like i was anticipating, but i added back in thinking it might wash 16.