Показаны сообщения с ярлыком IMGG. Показать все сообщения
Показаны сообщения с ярлыком IMGG. Показать все сообщения

четверг, 19 ноября 2009 г.

Tim Sykes' IMGG trade, Nov 18, 2009

IMGG day chart
IMGG intra-day chart Tim Sykes trade
On TimothySykes.com, this is entered as a winning trade with sell level at $1.64, buy level at $1.42. There is little doubt that this is a short trade, initiated most likely early in the Nov 17th session. The company filed 10-Q on Nov 13, which triggered a rally. The following day it must have looked like the stock ran out of steam. It is interesting that when closing the trade, a powerful technical indicator (an opening with a downward gap) was ignored -- similarly to the way it was done for AWSL. Does ignoring technicals in the short trades begin to look like a feature of Tim's style? Something to be aware of when analyzing future trades.

четверг, 15 октября 2009 г.

Tim Sykes' IMGG trade, Oct 12, 2009

IMGG chart
On TimothySykes.com, this is entered as a winning trade with buy level $0.60, sell level $0.70. On the chart, this looks like a very well timed short-sell trade. The trade was placed on a second down day after a series of daily gains for the stock.