Day Trading Post #61

Just wanted to post a brief update since it has been about 2 weeks since I last posted. So, SIRI couldn't be going better... well it could, but the trade is amazing so far in my opinion. I am up about 70% on the trade and things look good. Also, the channel trade in SLM setup nicely, and I have added to it the past 2 days. I wasn't comfortable adding at the lower trend line, but have been adding to it as it breaks above the upper trend line. This trade has potential and I like the stochastics on the daily chart. SYMC is not doing much and this was more of an experimental trade. It isn't really going against me, nor is it going positive by much. I am basically flat on the trade. Then, LDK, the position I haven't been watching. Nothing really going on there.

Trades to come... FSLR has been pulling back. I feel like its a risky trade at the moment, and I am personally staying out. The daily is starting to setup for a long position, but we could see it come down even further soon enough. The weekly chart is still in a down trend. Once I see the daily and weekly charts match up, then I'll take the trade. Other than that I am just watching what I've got, and holding off on focusing all my attention on trading until I take my exam. That is all for now!