MY PICK IS ELN

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  • sisterwin2

    Eln

    I have been in since 10.9 then added again at 13.88, not long after that it began to fail me. I held on out of pure "wishing" for the MS drug to come back on the market.

    I have to admit I think 70's are a bit of a dream for me... I do think 30's are very possible. I am going to stay for the long run.


    GO GO ELN

    Comment


    • Originally posted by DSteckler
      One tick above the high of entry day.
      That's a buy stop limit, BTW.

      Comment

      • spikefader
        Senior Member
        • Apr 2004
        • 7175

        Originally posted by sisterwin2
        I have been in since 10.9 then added again at 13.88,
        Almost +50% on your average; Congrats!

        Comment

        • kingofthehill
          Senior Member
          • Nov 2003
          • 487

          this is just the start of the run back to $30...my target is $40.00 by April 2007

          Comment

          • sisterwin2

            Originally posted by spikefader
            Almost +50% on your average; Congrats!
            Yes.... darn close to 50%. I really owe it all to you with showing me how to read ema/sma and patience. I think your the one who shared the swing trade site with me.

            If you have a site the teaches options that would be helpful also. I keep getting confused on put/calls. I dont get the sell to close/ sell to open concept either. I fear actually pressing that button to say trade.

            Did you get in on BDK yet? I must of miss the 84 price. I should have put a trigger trade in.

            Comment


            • Originally posted by NY4Ever
              Most I see for ELN is 19 - 20. It is more important to know when to sell than when to buy. Take profits now.
              For those of you that haven't figured it out already, mygn is the only stock to own, not ELN

              ELN is not a short here....it may not go to $40 this year but I'd be willing to bet it sees $20 before it sees $15.

              Comment

              • spikefader
                Senior Member
                • Apr 2004
                • 7175

                Originally posted by sisterwin2
                Yes.... darn close to 50%. I really owe it all to you with showing me how to read ema/sma and patience. I think your the one who shared the swing trade site with me.

                If you have a site the teaches options that would be helpful also. I keep getting confused on put/calls. I dont get the sell to close/ sell to open concept either. I fear actually pressing that button to say trade.

                Did you get in on BDK yet? I must of miss the 84 price. I should have put a trigger trade in.
                I think you must be thinking of someone else re the help with reading averages, sisterwin2. ema/sma is not something I focus on normally... and not sure which site you're talkin' about either. But anyway, glad to hear this forum is doing positive things for your trading! NB has posted some cool options sites recently, perhaps advance search and put his username in would find them?? Or go over to the options thread and flick back through the pages.. Yep, fear is a hard one to shake. If you make the dollar amount ridiculously low that should remove a lot of the fear factor. Then it's not so much about winning or losing large sums of money, or even being wrong or right about the direction....and it's more about executing according to the good plan you've made. Then after sufficient practice and when you're doing well with your method, up the ante. When it's not workin', down the ante. Find the balance between what's at risk and the emotions that risk forces out of you. Eventually with experience and when good trade habits have been established by your discipline you will find trading much easier. Best to ya!

                Comment


                • Spike, great TA call on ELN.....

                  Comment

                  • spikefader
                    Senior Member
                    • Apr 2004
                    • 7175

                    Originally posted by Runner
                    Spike, great TA call on ELN.....
                    Thanks Runner.

                    Comment


                    • I’m beginning to see a channel develop on ELN and thus far both channels are pointing to higher ground. Today’s high marks the 3rd time upper channel has been tested. A break above upper channel would be a nice bullish move for ELN and a return move to lower channel may offer entry signal. Sector action also has been improving and this stock thus far has a bullish look to it. I also think 25.38 area may offer some stiff resistance.

                      Comment

                      • kingofthehill
                        Senior Member
                        • Nov 2003
                        • 487

                        Spike......................nice Call

                        Comment

                        • sisterwin2

                          there goes my 50%

                          Comment

                          • spikefader
                            Senior Member
                            • Apr 2004
                            • 7175

                            Thanks King; it was good while it lasted heh
                            Good 2% risk setup presents here at 16.64 as I type. Channel long on daily, intraday 1min double bottom. Stop under lod.

                            Comment


                            • Originally posted by spikefader
                              Thanks King; it was good while it lasted heh
                              Good 2% risk setup presents here at 16.64 as I type. Channel long on daily, intraday 1min double bottom. Stop under lod.
                              I do see a mini uptrend trying to forum on the 1 min. chart. Needs to take out 16.96

                              Comment


                              • bands down to Zero line. Needs a pop up here. Trendline being tested as I write.

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