I didn’t do much trading this week, but here is a quick summary

• $HL - exited second 1/2 of position today as it struggled against MA20.  Nice 7% swing trade.
• $UIS - in at 1.455 and exited at 1.45.. basically just lost the commission.
• $UMC - in at 2.48, out at 2.58 for a small profitn
• $FRPT - in long at 8.36 and still holding. Having a good time here. Great MA50 bounce.
• $FAS - made a quick 2% on Friday afternoon move.  I never hold FAS/FAZ over the weekend

That’s all I’ve got for you.. I know, not that exciting. I’m hoping to get more involved next week.. but, hey, I did finish up 

Watch List had a pretty good day despite the downward slide in the overall market.

• $FCEL building a nice area of consolidation with Ful Sto looking to bottom out.
• $GSAT - Great bounce off MA50. Today would have possibly been a good entry for swing trade.
• $KOG - Trap.  Started out above MA20 today just to finish the day under.  Glad I didn’t go for the move.  Might still have a chance, but not worth holding under 1.05 IMO.
• $RAD - I was looking for an entry near 1.2 and it finished the day at 1.22.. however, this was the day’s low, so not ready to enter yet.  Needs to prove 1.2 support.
• $UIS - I took a position in UIS today as it moved through MA20. Still looks bullish to me on improving volume.
• $TGB - Holding MA50, but still looking very closely at it. I’m not convince, yet, that it will hold.. watching.
• $UMC - I got sucked in after the gap up.  I don’t like the dark candle, but it might still have a chance. I’ll sell quickly if it attempts to get back towards MA200.
• $HL - I took position as it moved through MA200.  Needs a MA50 breakout soon or I’ll lose interest.

I don’t have time to add new stocks to the list.  I should be back tomorrow night.

We saw a little bounce early, but the day ended significantly down from its highs.  That doesn’t make me happy.  Maybe we’re not quite ready for a rally. In hopes that we would hold on to strength, I took early morning positions in the following (sleeping with all):

• $UIS long entry at 1.455 - I’m hoping for a move to 1.60.
• $HL long entry at 2.7 - gap open that never broke out…  that kinda concerns me.  Most indicators are still bullish, so we’ll see what happens.
• $UMC long entry at 2.48 - I thought about exiting before the close, but held on in hopes of a bounce soon. I still like the consolidation, but today’s action didn’t finish well.

I may be back from vacation, but I didn’t play today and will likely stay on the sidelines until we see a market move with volume.  Here are a few stocks I’m watching Wednesday just in case life looks good again.

• Watching $FCEL again as it toys with MA200.
• $GSAT - nice bounce off MA50 today. May have support here.
• $KOG at MA20. Looking for move through
• $RAD - would like to find an entry around 1.2 (horizontal support).  Full Sto might be bottoming out.
• $UIS - I might follow this one back up to top of horizontal channel.
• $TGB sitting on trendline and MA50. Full Sto looks bottomed out.  Mining stocks worth watching as many are sitting on support.
• $UMC - consolidating above MA2o0.
• $HL if it pushes through MA200.

Welp, I’m back from my vacation and am ready to get back in the game.  I’m sitting on 100% cash after a trade in $FCEL on Thursday that made me enough money to buy a pack of gum.

I’m headed to the beach for a wedding and will be away from my blog and trading until Sunday night.  See you then!