you still in?it looks pretty ominous - shooting star candlestick and all.
Babak,I sold it yesterday at $33.75
MC may I ask how you got out of GROW? It was trending higher that day and all of a sudden it tanked. So where you watching it or did you just trail your stop as it rose? Also, in a stock like that can someone start selling and start a chain reaction of sorts?Everytime I read Nicolas Darvas I think of you, is he a big influence on your style?Thanks for sharing as always! I think we live in a very unique time right now where very talented traders are sharing information which I do not think traders in the past had that kind of help.
glenn,I was trailing it intra-day last week when it was about to approach the resistance area at $35 because for GROW is notorious for steep pullback and I did really want to give up most of the gains after a big run-up. I used the OPENING RANGE HIGH as a stop point.I did study Darvas and Livermore for a long time so most of my trades probably resembles their styles.Your site has been inpirational also. I do want to visit your live trading room one of these days if my sched permits.
Post a Comment