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Trading > ivicacharts

Exc - Swing Trade

Ivica | Sun, 06/15/2008 - 4:49am | trade |  Add a comment

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Symbol: EXC


Sector:

Industry: Diversified Utilities



Entry price: above $90.00

Stop price: under $87.78

Target area: $100 areas



When we compare EXC and indices charts we can see that obviously EXC is much stronger and market weakness didn't had any influence on it. After bounce from 50sma on the daily chart (green line at 05/09/2008) and move to $90.50 area (05/21/2008), EXC started with rest period (consolidation). Pattern what EXC forming is triangle and look like ant to continue weekly uptrend and I will use that daily triangle for swing trade possibility.

If anyone will have any question about ECX setup or about any other please feel free to contact me.

Kind regards

Ivica Juracic

ivica@ivicacharts.com

NOTE: NKE is still valid



Open - closed trades

symbol< /p>

L/S

date entry

entry

stop

trailing stop

target area

close

Next Earnings date

exit price

exit date

% result

result

risk/    reward

ARM< /p>

L

01/23/2008

10.48

10.20

11.87

13.00

12.15

Jan 29

11.95

01/24/2008

14.03

1.47

5.25

DAL< /p>

L

01/28/2008

16.55

15.50

17.50

open (20)

18.49

 

18.00

02/04/2008

8.76

1.45

1.38

SNCR< /p>

S

02/20/2008

18.30

19.50

16.82

15.00

16.08

Apr 24

15.25

03/04/2008

16.67

3.05

2.54

DAKT< /a>

S

03/03/2008

16.95

17.50

 

15.00

 

 

16.33

03/05/2008

3.66

0.62

1.13

RKT< /p>

L

03/24/2008

30.73

29.50

30.00

35.00

30.26

Apr 24

29.95

03/31/2008

-2.54

-0.78

 

MTRX< /a>

S

04/02/2007

17.05

17.89

 

15.00

 

 

15.25

034/03/2008

10.56

1.80

2.14

VUG< /p>

L

04/28/2008

62.18

60.83

62.45

65-66

62.45

-

62.95

05/02/2008

1.24

0.77

0.57

SGR< /p>

S

05/12/2008

48.95

49.43

 

48.00

 

 

48.00

05/12/2008

1.94

0.95

1.96

DDR< /p>

S

05/19/2008

42.18

43.22

42.85

40-35

41.73

Jul 24

40.30

05/21/2008

4.46

1.88

1.81

PAYX< /a>

S

06/02/2008

33.80

34.80

33.80

32.50-30

 

Jun 25

32.50

06/11/2008

3.85

1.30

1.30


Chart explanation:   TRADING PLAN Utilities

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