Tagged: Technical analysis

Buying 10,000 shares of NVDA (NVidia Corp) on Nasdaq at Open at Market on Apr 30

NVidia sells well respected High Performance Video Cards for Personal Computers. They are also involved in super high performance computer centers (Super Computers) and also Cloud Gaming Servers.

This will be a Technical Buy based on the CCI and Woodies CCI. Have placed a Market Order to buy 10,000 shares of NVDA (NVidia Corp) on Nasdaq at Official Market Open on Apr 30. I do not do off hours trading. Wish I could afford to buy 1 Million shares of NVDA

NVDA - NVidia Corp on Nasdaq

NVDA – NVidia Corp on Nasdaq. Chart courtesy of www.tradingview.com

Resistance between $185 and $190. Target to sell at $205 once the initial Resistance is broken. This will be a short Term Swing Trade of roughly about a month.

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

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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

Updates on my trading CSCO and FEYE have been posted in our prior post

Sorry. I will do better next time with having separate posts for Updates.

Updates to my trading CSCO and FEYE have been posted at the bottom of the prior post. Just click on this line to get you to that prior post.

An interesting lesson occurred.The FEYE stock price reversed and hit my Sell Stop last Friday. Today (Mon Apr 20) FEYE reversed and rose back up again, rather nicely.  It closed on Apr 20 2015 at $42.43.

I have found that sticking to one’s Sell Stop allows one to stay in the game. Yes, I suffered a small loss by selling. Next time a Sell Stop may save me from a huge loss. You cannot win at this game without having losing trades.

Okay, where the heck did I put that bottle of Bourbon…

Posted by: Vincent Banial for Uniquely Toronto
http://www.uniquelytoronto.com

Disclaimer: The above is not meant as Financial or Investment advice. I am not a registered Financial or Investment advisor. Do your own Due Diligence. Always seek out the advice from your own Financial and Investment Professionals before placing any bets at the Financial Markets casinos called the Stock Market. You can lose money, possibly all of it, when buying and selling or trading stocks. The above is not a recommendation to buy or sell CSCO or FEYE or any other stock. The above post is for Entertainment purposes only.

FEYE and CSCO trades, new Sell Stops

The new Sell Stop for FEYE will be the Low which occurred on Apr 14. FEYE Sell Stop is now $40.81. If the prices falls to or below $40.81 the Sell Stop becomes a Market Order and the 1,000 shares of FEYE would be sold off. Sell Stops can protect you against a big loss. So far the FEYE trade has not done well. We’re still in the game until the Sell Stop gets hit.

The new Sell Stop for CSCO will again be the Low which occurred on Apr 14.

CSCO Sell Stop is now $27.68. If the prices falls to or below $27.68 the Sell Stop becomes a Market Order and the 1,000 shares of CSCO would be sold off. Sell Stops can protect you against a big loss.

So far the CSCO trade looks good. It has hit a Resistance Level, but the trading volume has held steady. If it can fill the Gap which was created on Fen 12 2015,  by hitting the price of $28.84 or higher, that will bode well for a further rise. The Feb 12 Low of $28.84 looks to be the next Resistance Level for CSCO.

UPDATE Apr 17 8PM :

FEYE Sell Stop got hit today. Sold 1000 shares at $40.81. First loss, of many to come…

UPDATE Apr 20 11:30PM:

Guess what FEYE closed today at $42.43. I may get back in, but usually do not play the same stock for fear of trying to get even. I’m not upset since I strictly followed selling once the Sell Stop got hit. In the long term doing so will pay off, as it has in the past.

Posted by: Vincent Banial for Uniquely Toronto
http://www.uniquelytoronto.com

Disclaimer: The above is not meant as Financial or Investment advice. I am not a registered Financial or Investment advisor. Do your own Due Diligence. Always seek out the advice from your own Financial and Investment Professionals before placing any bets at the Financial Markets casinos called the Stock Market. You can lose money, possibly all of it, when buying and selling or trading stocks. The above is not a recommendation to buy or sell CSCO or FEYE or any other stock. The above post is for Entertainment purposes only.

GuestLogix Inc. Breakout. Trading on the Toronto TMX exchange, as symbol GXI

GuestLogix Stock Chart - Shorter Term View - symbol GXI trading on stock exchange in Toronto. Price Breakout on mar 11

GuestLogix Stock Chart – Shorter Term View – symbol GXI trading on stock exchange in Toronto. Price Breakout on Mar 11

Time for another Trading / Investing related post. It’s been a while since the prior post about trading Ford shares.  Two stock charts were added to this post. Both are daily charts. One shows a longer term view and the other short-term view. Both also have Fibonacci ratios plotted on them. Continue reading