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VWPT

Started by jeff46902, June 29, 2005, 03:14:23 PM

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Adam

thank you for the heads up

digdug42

The 50 is about to cross the 200 :D.  Here we go.  Nice pick wrangler, I got in this one a month or so ago when I saw you talking about it.  Thanks!! Seems like it is picking up before this earnings announcement. ARe you going to hold through it?

wrangler

Hi  digdug42
I'm still undecided about what I'm going to do. The way it is going up I might do a trailing stop loss the night before earnings is to be released. I'll be watching the charts to make my decision.
I'm posting a weekly ,,muti-year chart to show what I'm looking for before earnings.
I like looking for muti-year breakouts , When a muti-year and a weekly chart both confirm a breakout is about to happen sometimes these can be you're best returns and can continue a run that can last for a while.
As alway's each investor must decide when to buy and sell and make a trading plan.I will keep this updated from here on till my decision on what I'm going to do .
Goodluck to all holding :)l
I'll be posting another chart to show when a breakout is happening.
wrangler

wrangler

Have posted a weekly chart with 8 and 26 day MA along with OHLC bars that I like to use sometimes . Usually when you get Five bars that stay's above the 8 day MA and has crossed the 26 day MA that may be a new uptrend forming. But must use other patterns to confirm the move also.
wrangler

wrangler

Guess I forgot to put chart in. Anyway, here's one to confirm a breakout and I look for this to beat the 52 week high after earnings, to many investors are jumping in . Look at volume for the day.

Quote from: wrangler on April 26, 2006, 11:39:58 AM
Have posted a weekly chart with 8 and 26 day MA along with OHLC bars that I like to use sometimes . Usually when you get Five bars that stay's above the 8 day MA and has crossed the 26 day MA that may be a new uptrend forming. But must use other patterns to confirm the move also.
wrangler

digdug42

Golden cross today. This one is still going well! Any more thoughts?

wrangler

#36
 Hi digdug42
VWPT is heading for a major breakout and see this happening after earnings. To many investors still jumping on board and I see no let up so far,, usually it would have had some profit takers and would have went into consolidation by now but it hasn't. Every day is a new high and volume increases more  each day and with less than a week till earnings this stock will be making a major breakout.
What I'm going to do is the night before earnings is to be released I'm putting a trailing stop loss in 5 point's below previous day's low and hope for the breakout and if it happens then I'll tighten my stop loss as it climbs.
That's my plan and hope it works in my favor but it has already gave me a great return and no matter what it does it has still been a great one.
We're going to make some good return on this,, hold onto you're seat and watch it run.
Whatever you decide to do , be sure to play it where you can lock in you're maximum gain.
Goodluck trading :)

Quote from: digdug42 on April 28, 2006, 09:48:40 AM
Golden cross today. This one is still going well! Any more thoughts?
wrangler

wrangler

VWPT : has broken thru an 8 month resistance and see the 1 year resistance being broken soon ,,probably when earnings is released.
Goodluck trading to all :)
wrangler

wrangler

Keeps making new highs and with earnings coming out on the 4th this has got to show that earnings is expected to be good or there would have been some profit takers by now.
This may be one one my best trades yet. Usually I would have sold by now to take profit but I'm trying to controll my selling to early so I can get maximum gain from a run on a stock. I have alway's had a problem of selling to early and lossing out on a good run so now I'm working on that to make my trades more profitable.
.
Goodluck to all holding
wrangler

digdug42

I agree. This has been a great trade for me.  At 1.86 right now! This has been a steady gainer since I bought in.  I will definitely hold through earnings with a fairly tight stop.  Seems to be good news on the horizon.

wrangler

It's going to be an exciting week digdug42
wrangler

wrangler

Holding steady @1.82 I believe we're going to see a new 52 week high this week after earnings comes out. Yahoo say's old one is 2.21
wrangler

wrangler

VWPT : had a good day I'm sure it closed @1.87. Will post chart and finale price later.
Hope all had a good trading day :)
wrangler

bjc

Applaud on this great pick wrangler.  I was deciding between this and VLNC last weekend and unfortunately chose VLNC.  I'd already be up 20+%..

I might consider taking half off the table before earnings to protect profits though, just in case this is a sell the good news type of story.  I know you will make the choice that is right for you..

wrangler

Had a little bit of after hours trading @1.89. Earnings will be Thursday. All those who has a position in this should try to have a trading plan in place and be ready to trade it. As all knows it has had a great run so far but even if earnings is good that doesn't mean it will continue to go up at some point in time it will come back down. I bought this @1.19 so I'm willing to hold for a small loss to see if it will continue till earnings and play the trailing stop loss that I said in a previous post that I was going to do as my trading plan.
Whatever you choose to do you might want to start a plan now to protect you're gains. Most of the time a stock will pull back before earnings release because a lot of investor's  don't like to take the risk that's involved in it and will begin to sell for their profit,,look for this to happen before thursday and sometimes it's the day before earnings before the sell off happens.
If you decide to sell to lock in you're profit you can alway's hope back in after earnings if it continues to go up and ride it some more.

Remember to make you're trading plan now and trade the plan
Goodluck to all holding :)
wrangler