Last Update: 5.15.13

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5.10.13 Friday

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[At Open] Entered Bullish Positions @ $6.21

I have been watching this stock for sometime now as it has been forming this inverted H&S pattern here but I didn’t initiate any positions until this morning because of the ER last night.  We gaped up this morning after ER result last night and the train is leaving.  I was able to get in little after open before the train leaves.  About $7.50-$8 is the target on this break out and looks good so far.

[50Mins In] 100SMA to Watch

[4 Hours In] Closed 1/2 Positions @ $7.40

[5 Hours In] Closed 1/2 of Remaining Positions @ $7.67

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5.14.13 Tuesday

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Added Some Bullish Positions @ $7.03

Currently finding support at 100SMA and horizontal support I’ve drawn here.  This level must be sustained to see any kind of continuation this week.

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5.15.13 Wednesday

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Completely Out @ $6.77