Posts Tagged ‘px’
Trade Update: PX (Round 3)
Wednesday, November 4, 2009 8:45 1 CommentOk here’s the gameplan.
Similar to Round 2, PX is on unchartered waters — Making new highs accompanied by wild volume. In round 2, instead on selling on target at 8.8, I held on to my shares until a clear reversal. We can do the same but the problem I see is that in round 3, [...]
PX on Unchartered Waters
Sunday, August 9, 2009 0:38 No CommentsOn June 25th, I issued a buy recommendation for PX and on the same day, the trade opened at 6.9. After a few days, it steadily climbed, reaching a high of 7.9. At that point, I got into a dilemma of whether to stay on target at 8.4 or just let my profits run. If [...]
PX (Philex Mining Corporation)
Wednesday, May 27, 2009 11:39 No CommentsFirst of all I would like to congratulate all the traders who made this trade. You should now be enjoying at least 20% profit.
Click here for the original trade idea.
I posted the trade idea last May 11th. After a few days PX broke out of its trading range and on the 26th our target has [...]
PX
Tuesday, October 14, 2008 17:46 No CommentsPrice has been dancing the Hawaiian hula since April 2008.
Clear resistance and support lines.
Be courteous enough to wait for the dancers to finish.
Breakout at 7.80. Moving average lines are in a bullish setup. Check volume.
Buy at: 7.80
Target Price: 9.80
Cut Loss: 7.60
Potential Gain: 26%
Potential Loss: -3%
Reward-to-Risk Ratio: 10




