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My passion is trading stocks. I am a student of the markets just like you. Follow me as I learn new things and analyze the markets. http://www.swing-high.com
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  • CAGC again 0 comments
    Apr 1, 2010 12:55 PM | about stocks: CAGC, SPY

     Yesterday, CAGC gapped down passed a crucial support line (for this specific trade) and past my stop. Luckily, it traded up to my stop limit price and I got my fill before it closed lower on the day. Today, the broad markets are all up .5% or more and CAGC is dropping about 7%! The verdict: wait for CAGC to finish selling off and look for another bullish set up down the road. I would not recommend shorting CAGC as the fundamentals are strong (otherwise I would not have traded it long).


    Thanks for being a part of Swing-High.com! Always trade with a stop loss and manage your risk appropriately.

    Happy Trading,


    Stocks: CAGC, SPY
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