Sunday, June 30, 2013

SCTY swing

I like this above 39.2 or above 40. Has a good chance to go higher. Start light and add to the position. 32.5 should hold on the lower end. I like the weekly on this too.

Friday, June 28, 2013

TSLA swing

I have written about TSLA many times in the past stating that it is a $140 stock. I did not like it when it went below 100 and was not holding, but had mentioned above 100 is a good one to add to the position. I mentioned about it from 80-90 and asked to buy. Here are some previous commentaries on it - http://agaptrader.blogspot.com/2013/06/tsla-below-100.html

http://agaptrader.blogspot.com/2013/06/tsla-on-roll-again.html


IBM swing

Like IBM swing here. It is at the bottom of the support level. Can start small.. All these needs to start small because it is under the 200 day moving avg. Add to the position above 205. But start here. 185-190 is a good starting point.

FB swing

Spoken about FB swing trade. It has consolidated here. Even when dow dropped this one did not move much. Start accumulating this stock at this level and add above 25.5 which is the 200 day moving avg. I like it here. Earlier posts - http://agaptrader.blogspot.com/2013/06/fb-swing.html

CAT swing

CAT swing looks good now to start a small position. Best to buy above 88 above the 200 day moving avg. But it is a good start now because it is at the bottom of the range and most likely the 80 level may hold.
Start small
Here is my earlier post on $CAT - http://agaptrader.blogspot.com/2013/06/cat-swing.html

Thursday, June 13, 2013

WMB long

WMB trade worked out beautifully. This was a monstrous trade for me. I started it initially as a speculative trade since it dropped on some news and dropped rapidly. I expected it to go back to 34. Check out my tweets/stocktwits where I have mentioned every move of this play.

I waited on this since it was struggling to go above the 33 support. Once it started, after another small drop, I started to add to my position and kept adding as shown in the charts. I had a lot of position in it, one drop would have killed me. It went on my favor and I exited and protected 34 as indicated and was all out.