Stopped out of HMC on the gap-down this morning, tiny loss. Here's a 60-min chart:
I see now that I jumped in too soon, I would have rather waited for price to cross that orange trendline causing resistance. But I didn't want to set my stop below the 36.50 Fibonacci line (blue support) on the bottom, because that would just be wasting money. I'll keep watching HMC, because seriously, it's not like Honda is going to just disappear off the face of the Earth, right? (knock on wood)
I sold ANH today at 7.25 for $.20 gain per share. I don't think I've seen the last of this stock, though. The current glass ceiling is at 7.29 and I'm loading back up if it crosses with volume. But I sold out because the intraday looked like it was rolling over and I didn't feel like riding it back down to 7.00. If it does, I might jump back on anyway!
In other news, ROIAK is making me proud with a breakout above 1.98 to 2.17 so far with nice volume! I might take some profits soon and get ready to load up on another pullback. This stock is still in a nice up-channel and keeping between the lines. It may have a low price, but volume averages over 550,000 a day.
There's still two hours to close as I'm typing this, and MWA has been dragging me down all day; until now. We're back in positive territory, but I'm concerned that my up-channel has been broken, and this stock may be flattening out. If we can't break 4.50 soon I'm going to have to let this one go and move on.
I'll put some setups together to post over the weekend.