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Strategies & Market Trends : Lizard King's Trading Swamp

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To: TATRADER who wrote (5061)3/12/1998 1:02:00 AM
From: LzzrdKing  Read Replies (2) of 7396
 
EPIQ did a vertical move to 20 and is now basing near the 50% retracement area, a logical place for it to happen. Meanwhile it is putting in higher lows recently, and has held 14.375 three times this week, where I bought. I see downside limited here, and am willing to hold for a while and add on the way up for a potential big one. Have already done well on my only trade on this one, so hoping for another one.

Sold my KNDL today for 3. ESPRY perked up nicely on vol.
Also sold my PRHC for 3, MODT for 1 and flipped PEGS for 1 1/8.

buys today were CHRW 22.06 and MRCY 15.75. AVTM is getting some vol now, needs more tho.
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