PeteHoller

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About me Trade weekly options on ETFs (intraday and swing). Hold longer term positions on other equities. Trading since 1998. I enjoy technical analysis and sharing knowledge with other traders. I would like to improve my counter trend trades.
Joined United States
Markets Allocation
100 % stocks
Top Mentioned Symbols
PLPM 100% | 1
PeteHoller PeteHoller PLPM, D, Long ,
PLPM: PLPM - Go long for a 2-1 risk reward.
10 0 0
PLPM, D Long
PLPM - Go long for a 2-1 risk reward.

I want to buy PLPM at 2.97 with a target of 3.80. Initial stop loss at 2.58. The stock has trended higher since a double bottom in May 2014. It has broken through the cloud (albeit on low volme) and I anticipate it will try to test the 3.80 area. Adjust stop loss to follow the Ichimoku Kinjun-Sen "confirmation" Line (the red line in this chart).

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PLPM
PLANET PAYMENT INC
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