Monday, April 11, 2016

Advanced Medical - ADMD

4/13/16 Nailed it
I bought it just before close on the 12th at .0068 as it was about to close above the breakout level. I sold just before close on 4/13/16 at .0088. It was so far above the 8 day that I thought it would likely retrace tomorrow or go sideways. I'll watch for another entry.

4/11/16 Daily

4/11/16
Looking to buy a breakout at .0061 risking off the 8 day with a target of .0098 short term and .0165 down the road a bit. 

Sunday, April 10, 2016

Polycom - PLCM

4/11/16
On Target, no change.
4/8/16 Daily

PLCM 
4/8/16 This chart interests me on many levels. It just broke thru the 200 day SMA and it is now using it as support, plus a few other things I like. I'm looking for a breakout at 11.75 with a possible move to 12.50 in short order. I'd normally expect it to wait to make its move when the 8 day SMA catches up but I won't be surprised it this one makes its move sooner. So my plan is to buy just above 11.75 risking off of the 200 day sma. Exit strategy is to exit just short of 12.50 or on weakness. 

Wednesday, April 6, 2016

Oclaro - OCLR

OCLR
4/11/16
No real change here. I'll either to the approach from 4/8/16 or I'll buy on the break of 5.55.
4/8/16 Daily

4/8/16
Since this has not broken out yet i'm changing my approach. I'm looking to buy it if it gets close to and holds at or above its 5.08 support level. Using 5.08 as my risk and around 5.10 to 5.15 as an entry. I'll look to sell half of my position at 5.53 and a few minutes before close of day, if it looks like it will close above 5.55 or so I may add to the position. If it looks to close below that I'll likely sell the rest for now. 

4/6/16 Daily

4/6/16 
This chart is setting up very nicely for a possible blue sky breakout. I'm looking to buy at 5.55 risking off of 5.25 and I'm expecting a move to 5.99 if it breaks out from 5.55. 

Monday, April 4, 2016

Zinga - ZNGA

ZNGA
4/11/16
Chart is still decent as long as it stays above the 8 day. no change in plans.

4/8/16
It is still going sideways as expected. Will watch for a breakout above 2.44 to buy.
Daily 4/6/16

4/6/16 Nailed it
Called it within .01 cent. I'll watch it a bit to see where it goes from here. Guessing it will go sideways a bit and leg up in the near future.



Daily 4/4/16

4/4/16
Buy above 2.32 risking off the 2.25 ish. Looking for a move to 2.44 short term.