Tuesday, November 17, 2009

Tuesday, November 17

NANO - Market open price was 12.60. Short entry triggered at 12.60 - 0.21 = 12.39.  First Trade: Short @ 12.39 to a low of 11.82 + 0.32 = 12.14 adjusted up to break 12.25 for a long trade #2 reversal to a high of 13.34 - 0.32 = 13.02 adjusted down to break 13.00. No trade #3 taken after 2 wins!

MPWR - Market open price was 22.63. Short entry triggered at 22.63 - 0.38 = 22.25.  First Trade: Short @ 22.25 to a low of 22.24 to close at end of day at 22.39

STP - Market open price was 15.55. Short entry triggered at 15.55 - 0.26 = 15.29.  First Trade: Short @ 15.29 to a low of 14.55 + 0.39 = 14.94 adjusted up to break 15.00 for a long trade #2 reversal to a high of 15.31 to close at end of day at 15.28

GNK - Market open price was 27.41. Long entry triggered at 27.41 + 0.47 = 27.88.  First Trade: Buy @ 27.88 to a high of 28.70 to breakeven at 27.88. Short trade #2 at 28.70  - 0.71 = 27.99 adjusted down to 27.87 to a low of 26.39 + 0.71 = 27.10 adjusted up to 27.13. No trade #3 taken after 2 wins!