Wednesday, February 22, 2006

3 trades all win

here's my trades for this month.first is emc with the same ticker symbol.this stock been consolodating forming a triangle since 2004. i'm not supposed to a buy a stock during consolidation yet i made a hit and run approach buying at support and selling at resistance.i noticed that the 3 moving average touched and my tsv going possitive side so i bought 400 shares at 13.48 and plan to sell it at 15 dollars .if my strategy is correct...now its on my side for a few days.




this one is a telecommunication equipment called phazar corp with the ticker symbol of antp. i bought 400 shares as the stock hits the support at 15.9 dollars. now the stock is trading at 17.40 and continue going up.



this is the last stock that i have which i sold just now.my technical analysis was 100% right with this stock but made only a few bucks in 2 weeks.bought 300 shares at 13.50 and sold it at 13.76. i just need to be careful a little bit cause most of the time i loss more than i win.


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