3SOF

Public 3SOF Boards => Previous 3SOF Picks => Topic started by: David Randolph on May 09, 2005, 09:38:54 AM

Title: SGU
Post by: David Randolph on May 09, 2005, 09:38:54 AM
When the stock crossed above the blue line on my yesterdays analysis (http://www.3stocksonfire.org/trading/index.php?topic=44.new#new) my devil side won and I had to buy.

Good trades for you !
Title: Updated chart on SGU
Post by: David Randolph on May 09, 2005, 09:49:18 AM
Crossing short term resistance. Had to buy. Risky, but with great potential. Just 6.66% of capital, as always.

Have a nice day !
Title: Re: Bought SGU at $3.58
Post by: eliteG on May 09, 2005, 11:04:17 AM
wow 12% move are you exiting or expecting much more?
GLW - nice
Title: I think that...
Post by: .angel. on May 09, 2005, 11:42:17 AM
Hi eliteG,

I'm not really sure what's the exit plan from David on this stock... I think he's only taking decisions with the end of the sessions. So... possibly we'll have to wait for the end of the day for a movement from him...

About the stock.... I think there's a resistance level here at $4,00... but if the stock passes it... well... the next resistance will be at least $1,00 higher (I think ;D) but I'm betting on the values around $6,50.
But... I maybe wrong...  :P


See ya...  :)
Title: Well, I guess ...
Post by: David Randolph on May 09, 2005, 12:04:46 PM
... angel was right, I don't make day trades. I like to analyze with ease, when the market is closed.

In respect to SGU, I'll let the profits run. Until where? I don't know, I'll hold it until there's a gap up or something ...

Portfolio is doing allright, except for MANU, the chart told me to leave the stock, but I didn't care. There's a price to pay for this careless attitude.

Good trades EliteG !
Title: Sold at the open ...
Post by: David Randolph on May 16, 2005, 10:22:36 AM
... @ $3.92 SGU made a false breakout.
Title: Re: Bought SGU at $3.58
Post by: setravis on December 05, 2005, 10:28:02 AM
On the road again !
Busted through the 50-dma