Got stopped out of VXX again today 21.80 (-.50) and I'm done trading this joke ETF, took some small losses to learn my lesson but its done now. It's also seeming very stupid to try to fight this bull - bears must be stabbing their eyes.
On another note, I am involved in a couple of setups, one gamble that I realize was outside my character but like I said, I was with several colleagues that it was going to, and in fact did, obliterate estimates. The trade was ADBE, I entered today at 35.03 and just let it ride after hours. Again, this is not something I do on a normal basis, but hey, neither was the VXX trade either.
I'm in on ABT averaged at 54.27 - first target is 55.22, stop still 53.95. Chart below:
I hate to beat a dead horse but PHM is winding down to a point break, could obviously go either way but pay attention closely. Chart below:
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