So... last Thursday / Friday, I got screwed on LEA due to greed. I had a chance to lock in over $1k profit and greed got to me! But that's the name of the game. You have to learn to get out when your targets are hit whether its a stop or a profit target! Anyway, I did lock in some profit so the loss on LEA won't hurt too much but I still have learned a lot from that trade.
Anyway, it looks as if the solar sector is going to have a move, and I have been watchign FSLR for the past 3 weeks. It finally looks like a good setup. Also, low and behold, it looks like Daytradingradio.com picked up on the same thing, and Day Trader Rockstar has taken a position in it already. This will be the largest stock in my portfolio if I do in fact take the trade but I really do like the setup. Stochastics are oversold, crossing to the upside, decent buying volume, and the dail chart shows a hanging man pattern. Buy Trigger is $149.90 to $150.00, with a profit target around $157-160.
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