PennyFarmer

Trading the Plan $KEYW I sure wish $KEYW would have just exploded after the huge contract win with US Cyber Command because the profit would have been epic... and mostly because I was trading the plan. But that said, I can take pride in the fact that even though this stock failed to run like I had wanted, my plan protected my trade and I was able to exit with a small gain and nail the HOD for the double top right before it faded. I'm going to keep this on the watch list for a little while just in case it decides to run a couple days after the news. Happy Trading Follow me on Twitter @MateoHellion Follow me on Profit.ly @Alleywolf Follow me on Profit.ly @PaperAccount

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Received 13 Karmas
HebrewHammer
HebrewHammer May 24, 16 10:23 PM

@solracgg84 Yup, studying the technicals and looking for increasing volume, chart reversals and breakouts even if they're not "huge breakouts"

solracgg84
solracgg84 May 24, 16 10:27 PM

Got it. Thanks for doing what you are doing. It helps a lot and we greatly appreciate you taking the time to do these videos. Thanks!!

nathalietrades1
nathalietrades1 May 24, 16 11:28 PM

Thanks Matt for explaining your momentum pic helps to understand what you look for as I like momentum plays a lot - Learning a lot from you and this is great to see you teaching - Great job!

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PennyFarmer

KEYW ~ 5.87% EOD, long overnight due to major multi-contract win worth $460m with US Cyber Command and multi-day breakout of the $8.50 resistance. Looking to sell into a run in the AM. Other news was released A/H that CFO was replaced by CFO with former defense contract experience. XGTI ~ 96.51% EOD, missed on earning and appears to be fading. Could be a decent short if shares are to be found by the $0.1380 range. I doubt I’ll play this one. BBEP ~ 68.92% EOD, almost traded this today and cancelled my limit order when I wasn’t going to get the price I was looking for @ $0.115 just above the breakout. Will watch for a potential play if it can crack today’s HOD and test $0.21. SCON ~ 39.11% EOD, Earnings news and volume spike, does appear to have a double top on the 30min chart but if it can breakout past $0.30 and $0.32 levels there is nice upside potential to run. WRES ~ 32.26% EOD, Earnings released, pending, this is a former runner so it can spike again. $0.18 and $0.20 are key levels that need to be broken for a real run. CRDS ~ 30.79% EOD, no real news on this former runner. Going to watch the price action and see if this is being pumped. CERE ~ 19.71% EOD, resent patent awards and product testing, if it can break out of the $0.2760 range it can potentially run to $0.30 or more. CLRB ~ 17.97% EOD, Closed out my over the weekend long swing. Will continue to watch this to see if it can crack the $5 mark. If it can, we may see another $1 run up to $6. It seems overextended so this may be more risk than reward. On the short side, a crack of the $3 mark could push down quite a bit. SOL ~ 15.45% EOD, Earnings, could breakout past the $1.45 level. It seems a little more choppy/undefined compared to other charts I’ve traded but a good play may materialize. Happy Trading Follow me on Twitter @MateoHellion Follow me on Profit.ly @Alleywolf Follow me on Profit.ly @PaperAccount

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