Thursday, October 30, 2003

NFLX long. OVTI long with a swing high so far of 58.25 x 0.97 = 56.50 is the short reversal. PHTN the swing low ended up at 34.55 x 1.03 = 35.58 adjust up to 35.63 and that third and final trade hit the profit target. SINA short. SOHU short.
ICOS swing low of 46.55 x 1.03 = 47.94 so round up to 48 for the long reversal (break of). JCOM long. JBLU long with a swing high of 60.50 x 0.97 = 58.68 rounds down to 58.62 for a short reversal. JOSB short with a swing low of 44.90 x 1.03 = 46.24 so 46.25 becomes the long reversal. NTES looking for a long off the lows.
NFLX started short and to the profit target. Swing low of 57.80 x 1.03 = 59.53 round up to 59.63 for a second trade long. OVTI started short and through the profit target. Swing low of 56.10 x 1.03 = 57.78 and adjust up to 57.88 for a long. PHTN started long swing high of 37.39 x 0.97 = 36.26 adjusts down to 36.25 nearest lower 1/8th and that triggered and is to target. Now can look for a third and final trade long off the swing lows which so far are 34.94 x 1.03 = 35.98 and that adjusts up to a break of 36. SINA currently short swing low of 41.19 x 1.03 = 42.42 and that rounds up to a break of 42.50 for a long reversal. SOHU short with a swing low of 36.51 x 1.03 = 37.60 and that adjusts up to 37.63 for a long reversal.
ICOS short with a swing low of 46.75 x 1.03 = 48.15 rounds up to 48.25 nearest higher 1/8th for a long reversal. JCOM short through the profit target. Trade #2 low of 29.90 x 1.03 = 30.79 and that rounds up to 30.88 for a potential second trade long. JBLU flat. JOSB started short with a swing low so far of 45.05 x 1.03 = 46.40 and adjust up to 46.50 for a long reversal. NTES started short and that hit target. Swing low of 47.75 x 1.03 = 49.18 adjust up to 49.25 for a second trade long.