LRCX - Failed BO on Thursday, turned into a big winner on Friday. I should have been on this one on the open because from the daily, we can see that Friday's close edged out of the base and follow through was expected. I had too many names on my focus list this morning and couldn't get to LRCX in time.
ISRG - Big winner on Friday. Today it tried to follow through but failed, setting up a short. Slippage on the fill, but it worked anyway.
FFIV - Friday in sympathy with RVBD, a cloud name that reported strong earnings. Using Fib retracement to find an entry after the initial thrust on the open. According to Ratio Trader, if price can close above 1.27% extension, it has a good chance to move to 1.62%. FFIV couldn't close that scenario, but I worked it on the pullback to support. Watch the Fibonacci Ratio Analysis program on stock twits TV.
SOHU was a gapper with big volume. I waited for price to find support after the intial gap and go. Once it became obvious that the 38% Fib. retracement level was going to hold, I went long. Price stalled at the 1.27% extension, but here again, I was able to play the support back to the base.
TIBX was a HCPG setup from yesterday's newsletter. It had edged out of it's daily base on Friday, so I had to trade this one on the open.
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