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TWGP

Started by eliteG, May 17, 2006, 12:46:31 AM

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eliteG

update TWGP:

Highest close since we entered TWGP 3 days ago.  Nice bounce from the channel bottom although on weaker volume... yet still in the right direction.  Time to move the stop up to 7% away from this close price.

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Position: bought TWGP @ 28.26 on 05/17/2006
Order: Hold
Exit: stop @ 26.95
Target: n/a
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eliteG


update TWGP:

Nice little climb from TWGP last week.  We do have a possible bearish rising wedge forming on the stock chart which did make us consider selling but we have chosen to hold through and raise our stop to just above break-even.  Due to the sustained above average volume and the strong growth that TWGP is showing... it can run-away here.  Lets see what the market decides.  ;)

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Position: bought TWGP @ 28.26 on 05/17/2006
Order: Hold
Exit: stop @ 28.33
Target: n/a
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Loffigus

Wow, what happened, that was a fast drop of over $1.00 ???

eliteG


update TWGP:

Poor performance today from TWGP when the market actually went up... we considered selling here but instead we will move our stop aggressively higher and let the market decide.  The trendline(thick blue) and horizontal support(dashed blue) may create a powerful bounce here shortly.

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Position: bought TWGP @ 28.26 on 05/17/2006
Order: Hold
Exit: stop @ 28.85
Target: n/a
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basanlas

#19
G,

Our daily email from June 5th says "unless it prints our stop @ 28.33" and this shows $28.85????????

Which one are we using?

basanlas

eliteG

Quote from: basanlas on June 05, 2006, 08:26:08 AM
G,

Our daily email from June 5th says "unless it prints our stop @ 28.33" and this shows $28.85????????

Which one are we using?

basanlas

Sorry for the mixup basanlas.. the absolute final say is here in the portfolio board(the last update).. also it would be very rare to see a stop moved down(that would be against stop rules)