Great day in chat today guys, had some sick alerts out there and some crazy runners. Just wanted to recap a few of the day trades that I took. First one was CSLT which I intended to take as a swing trade. with a certain Psycho posting the chart online last night, I remembered that this thing has the trend I love for my power long setup, take a look at the chart below.
This is the very beginning of the power long setup that have posted about in the past, so I knew right out the gate I wanted to be long the stock with a risk down to 7.50 area (8.35 longed). I avoided looking at it most of the day (as I try to do with my swing trades) but once I saw that quick spike I wanted to take it off and maybe wait for lower entry. Then it was on CNBC which spiked it to 9.30. Going to revist this one later. +$1100 Sold it at 8.90
Earlier in the day during the lull I always look for anything setting up and found NTLS. NTLS had an earnings winner move early in the am. Alerted in chat that I took the long at 7.06 (filled at 7.05) and was risking down to 6.80. This turned out to be a perfect ABCD move and ripped to new highs just an hour later. +1450 on this with 1/2 sold at 7.66 and the rest at 7.92
On to tomorrow and hoping for the same thing on the P&L.
