Category: Stock Price Breakout

Buy order filled – 10,000 Shares of ECA Encana Corp on NYSE at $6.44 ea

Order filled at 9.31am on NYSE. Bought 10,000 shares of ECA Enacna Corp today at $6,44 per share.

Posted by: Vincent Banial

Buying 1 Million Shares of PINS (Pinterest Inc) on the NYSE at open tomorrow Apr 30

 

Shares of PINS will be added to the regular portfolio. I will buy 1 Million shares of PINS (Pinterest Inc) on the NYSE at open tomorrow Apr 30.

The Pinterest IPO came out 7 days ago.

PINS share prices have risen each and every day since. The trading volume increased today.

PINS-Pinterest Inc on the NYSE. Chart is courtesy of http://www.tradingview.com

Disclaimer: This post is not meant as Investment Advice, nor is it advice to buy or sell any shares in any company.. Do your own Due Diligence. Seek out the advice of your own financial and investment advisors before risking any funds in the Stock or Futures Markets. You can lose money and even all of it when investing at the Stock Market Casinos. This post is for my own educational purposes.

Posted by Vincent Banial

 

Low Priced Breakput stocks from last week. SCKT on Nasdaq (Socket Mobile, Inc.) and AKTX on Nasdaq (Akari Therapeutics, Plc).

Tried to buy 10,000 shares on Apr 26 of SCKT on Nasdaq (Socket Mobile, Inc.) at open tomorrow at fixed offer of $2.35 per share which was the close on Apr 25.

Why?

Triangle Breakout upwards. Their Gross Margin is over 50% for the Mobile Scanners they sell. Good luck making that kind of gross margin selling Computer Tech gear. I don’t think that Apple make over 50% gross margin. Small company turned a profit last quarter versus a loss previously. sat at the $2 barrier for a while. Now $2 is a nice support area. Target – potential Double…

Not enough Volume on Apr 26 – Order did not get filled

https://finance.yahoo.com/chart/SCKT…

 

Tried buying at open tomorrow Apr 24 one million shares of AKTX on Nasdaq (Akari Therapeutics, Plc). Target is $6.00, which will be a 50% retracement of the prior high on Mar 14 2019.

 

Why?

They have had positive Phase 2 Medical Study Coversin Trial Results. Today the stock price Gapped Up on a high volume increase. The price came back down at the end of the regular trading day but still gapped up overall. Since the target is $6.00 I’ll set a sell stop at $5.75 to $5.90, just under the potential target.

Did not get filled. Not enough volume for 1 Million Share order. I still think it’s a nice breakout stock.

https://finance.yahoo.com/quote/AKTX/chart…

Disclaimer: I am not an registered Stock Analyst nor a licensed Stock Advisor. This post is not a suggestion for anyone to buy anything. Please seek the advice of your own licensed Investment Advisor before placing bets at the Stock Market Casinos. You can lose money – even all of it. This post is for my own educational purposes…

 

Posted by Vincent Banial

Bought 1 Million Midatech Pharma PLC American Depositary Shares (MTP) on Nasdaq on Apr 24 at $3.60 per share

 

Had posted thin on our Uniquely Toronto Facebook page. Moving it over this to this site.

This is the last of the buys for the Regular Portfolio from last week. Bought 1 Million shares of Midatech Pharma PLC American Depositary Shares (MTP) on Nasdaq on Apr 24 at $3.60 per share.

Why.

Major Price Breakout upwards with a huge spike in Volume. IMHO Volume Spike usual tend to indicate the Trend Direction will change.  Expected price consolidation after price spike. Did not expect the price to drop this much. Holding, as this should bounce back up after hitting support

Midatech Pharma Plc (MTP) on Nasdaq

Midatech Pharma Plc (MTP) on Nasdaq. Chart courtesy of www.tradingview.com

When the price spiked up on Apr 24 it hit resistance and came back. Once the price starts back up and goes through that resistance (just under $4.00) the price should rise to the next resistance level around $5.00. Will likely try to sell around $4.90 per share.  Yes, this trade is sitting at a loss, but IMHO the price is above the Support level and so I’m going to be patient and give this trade some time. 

This stock is an example of the danger of trading Gaps. If I were to sell now, I would take a major hit. In contrast, look at the price of HELE since it Gapped. The price of HELE has risen daily since the Gap day. Hard to predict short term price action. I’m playing MTP for the longer term.

Disclaimer: I am not an registered Stock Analyst nor a licensed Stock Advisor. This post is not a suggestion for anyone to buy anything. Please seek the advice of your own licensed Investment Advisor before placing bets at the Stock Market Casinos. You can lose money – even all of it. This post is for my own educational purposes…

 

Posted by Vincent Banial

 

Next week I will try to buy 1,000 shares of HELE (Helen of Troy Limited) on Nasdaq at $135.50

Will try to buy 1,000 shares of HELE (Helen of Troy Limited) on Nasdaq at $135.50. It was trading a bit above $139.00 all Friday and closed a bit higher than that. I tried getting filled on Friday, but did not. I will try again next week. $135 is the Support level. Price should consolidate for a few days next week. If I get 1,000 shares at 135.50 per share, then will likely sell at $144.40.

From the latest Earnings Call Conference on April 26 : “This quarter caps great full year results. Net sales for the full fiscal year 2019 grew 5.8%. Leadership Brands grew 8.9%. Online sales grew approximately 28%, and adjusted diluted EPS grew 11.3%

 

HELE on Nasdaq

HELE (Helen of Troy Limited) on Nasdaq. Chart Courtesy of www.tradingview.com

Disclaimer: I am not an registered Stock Analyst nor a licensed Stock Advisor. This post is not a suggestion for anyone to buy anything. Please seek the advice of your own licensed Investment Advisor before placing bets at the Stock Market Casinos. You can lose money – even all of it. This post is for my own educational purposes…

 

 

Posted by Vincent Banial