I want to start following up on my picks from the ST50 each week and report on their performance.
While many stocks on this list did extremely well, this is a way for me to record my results as well.
Here goes. These were my picks from the weekend:
CTSH : Setup was long over 66.80 (sorry, typo in the chart). Setup triggered yesterday and was good for at least $1.45 (2.2%)
AMZN : Did not trigger until today (post earnings and was a big winner), good for at least $5 (3%)
LXK : Triggered long at 46 on Wednesday and was good for about $1.30 (2.8%)
NBIX : 8.25 was triggered on Tuesday and was good for about 40c (4.8%)
MIPS - probably my favorite setup: Triggered at 10 on Monday and was good for around 50c (5%)
All in all – not bad at all. But then again the market has been unstoppable. Hope some of you caught some of these moves.
I’ll post some more charts over the weekend.
Have a great weekend.
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