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Thursday, December 15, 2011

Last stock trades

Here are my last trades that I've done

MERC waited for a small rally above 30 EMA, however, didn't happened. Closed with a small loss, because of negative mood in the markets.
 VDSI long was bad trade. Hoped it to rally above 8.50 USD, however, the negative market mood had some impact on the downside of this stock. Closed with a small loss. 
IDCC short was a nice short with a 7.38% profit. Shorted in a traders action zone between SMA 10 and EMA 30. 

AMZN short 193.75$ cover at 177.77$. Very nice short made at traders action zone between SMA 10 and EMA 30. Covered at the support of 175$-177$. 
 BAX short @ 51.80$, cover @ 48.89$. Rebound setup in play. Opened my short just below EMA 30 which is a perfect entry place near the ressistance of 52$

Open trades are:
LNKD short 71.08$. Current price 65.90$
GMCR short 55.88$. Current price 47.72$
SLV long 31.24$. Current price 28.08$ 

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