JSiminoski

$IIVI HTF ACB Long

Long
NASDAQ:IIVI   None
Weekly Swing Watchlist

Rough trading week with some strong downside volatility in my positions. Can really see this week going either way at this point.

#1 Secondary Watch
$IIVI HTF ACB Long

Monthly - 0.618 fib
Weekly  - Support/Descending triangle/Wave 4 ABC pullback
Daily    - Support/Decel/MACD/Low test
LTF        - 1Hr Symmetrical Triangle/MACD divergence

Entry - Waiting for break and close above 1HR 50 ema

RR             - 6 (previous M/W highs)

B Grade setup - Needs better LTFs to get upgraded. Things still look like they could go either way + there is a fair bit of consolidation on the daily.

Additionally on Watch:
Other:
2 stocks on this weeks development needed list
10 stocks on monthly watchlist (mostly in Tech sector)

Live Trades:
$OEG - Full Risk
$VUZI - Full Risk
$Z - 0.75% Risk

>Even if you are not ready for the day, it cannot always be night<
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