Trade Recap - 7/22/2011

Here are the trades & charts for today (All of my alerts/entries were sent real-time via Twitter:

Long RVBD $31.41 w/a stop at $31.31 Hit a high of $32.67 ($1.26/share) and never hit my stop. It opened today just under the $31.40 resistance level it held yesterday. I bought the break of that with a LOD stop.

Long TZOO $59.42 w/a stop at $58.88 Hit a high of $62.60 ($3.18/share) and never hit my stop. This thing gapped down $26+ (roughly 30%) yesterday without a single bounce. Gapped up a bit today and made an early high in the first 5 minutes at $59.40. I bought the break of that high anticipating shorts to cover and a short squeeze. I guessed right! Shoulda coulda shorted the crack of $61, but didn't have any shares available. I tweeted another entry at a break of $60, but didn't take the trade. From there it made new highs at $62.60.

Long IDCC $73.05 w/a stop at $72.55 Hit a high of $74 ($.95/share) before hitting my stop. I called this via twitter 2 additional times after this trade, but didn't take them. 2nd was on 15s at $72.09 and again at a $74 break. It then ran to $77.75 after these two calls which is a gain of $5.66/share from the 2nd tweet, and $3.75/share after the 3rd tweet.

PAY on 15s was another call/tweet I made, but didn't take the trade. I liked the entry on 15s at $41.01/.02 with a stop at $39.82. This thing ran to a high of $42.57 ($1.55/share) and never hit my the stop.

Also, here's the video recap:

Better quality video here: http://www.screenr.com/JpSs

 

Some very good trades and alerts today. I was done by 9:46:06 and spectated the rest of the day. Don't miss out, follow me on Twitter!

If you have any questions about why I took some of these trades or why I called them in the area that I did, please contact me via Skype (contact me page). I don't just give out my secret sauce for free!