Collective2: CRME and KDN out

Two recent additions were stopped out; one for a gain, the other for a loss. CRME did manage modests gain after the buy-in, before it was pegged back on light volume, then suckered punched with a downgrade, enough to hit the original stop price for a $768 loss on a $9,800 outlay. KDN was a stronger performer and although the stop price was hit, this had more to do with protecting the profit in a weak market, rather than an actual belief there is anything wrong with the stock. KDN looks to be shaping a horizontal consolidation, an excellent continuation consolidation. This play closed for a $1,443 profit on a $10,000 outlay. If you would like to subscribe to this system, click on the performance Collective2 chart below. Two stocks remain in the portfolio.

Popular posts from this blog

Nasdaq primed for breakout

S&P "Bull Trap"?

"Black Candlesticks" are a concern for the S&P and Nasdaq


Show more