vmreyesa

vmreyesa Updated 

Recent IPO. "ESAB Corporation Completes Separation From Enovis and Launches as an Independent, Publicly Traded Company" Breakout from a cheat area an IPO Base with VCP characteristics. AVG: 50.59 Stop 48.50 Risk: 4.13% Position Size: 8K Overall Exposure: 16.80% Still very conservative, summing pilot positions one day at a time while trying to create cushion.

vmreyesa Updated 

VCP Pivot: 175.27 Stop 159.10 Avg Cost: 175.27 Risk From Pivot: 9.22% Position: Full defensive: 500 USDs Risk Oil, Gas and Coal keep showing strength on this difficult market. Adding small positions one day at a time. Overall exposure now @11.5% mainly on Commodities & Healthcare

vmreyesa Updated 

One of the few tech stocks that showed a constructive pattern on the last few days. Still, this tech bear market gets everything. Might reset later and may buy if general market conditions improve.

vmreyesa Updated 

WEAT had an optimal breakout from VCP pattern on 5/11 but price and volume action got tight again and it offered a pull back entry on a natural reaction after 3 lower lows on low volume into the 10 DMA.

vmreyesa Updated 

After a 60 day base and a 2T VCP from 11.75% to 5.85% LLY gives a low risk entry point @ 294.34. Will manage as 1/3 profit on 1R (Moving stop to break even), 2/3 profit at 2R and give the rest room for a higher move.

vmreyesa Updated 

Stopped out. Pilot position of less than 1%. Breakouts definitely not working on this market. only 1 position left of less than 1% of portfolio. Market super volatile not good for traders with stops.

vmreyesa Updated 

Bought a Quarter Defensive Position (4K, .77% of portfolio) @496.38, Stop @478.14 (-3.67% 150 USDs Risk) just to have a tiny position to stay engaged and on synch with the market. Market making lower lows and this stock is holding. Still 99%+ in cash.

vmreyesa Updated 

Stopped on my last position. It was working very well until now. Bear markets get every stock eventually. Keeping my trades super super small as pilot positions just to test the waters. Back to 100% cash. Super risky(volatile) market for swing trading breakouts with stops.