8/Jan/2020 12:51 PM AUTHOR: Brandon Gum -- 1.8 RR. Mid level confidence ======================
13/Jan/2020 08:19 PM AUTHOR: Brandon Gum -- Part of me says not the best place to put your cash right now when software and tech are so hot. Another part of me see's that if oil can stabilize here you might get a relief bounce and price recovery in both Oil and XLE. ======================
13/Jan/2020 08:08 PM AUTHOR: Brandon Gum -- No position. Wide stop below $76. 1% of acct at risk once RSI trendline is breached and closes above on the monthly. ======================
6/Jan/2020 12:50 PM AUTHOR: Brandon Gum -- Target 1 is day 1 low. Next is the gap fill ======================
13/Jan/2020 12:42 PM AUTHOR: Brandon Gum -- Stop marked in pink. Could test ATHs ======================
13/Jan/2020 10:26 AM AUTHOR: Brandon Gum -- Good opportunity to add to the position. Small caps have been the under-performer however and would rather own mid caps or large caps in this environment ======================
12/Jan/2020 04:27 PM AUTHOR: Brandon Gum -- Really no reason to take this trade as ER is next week. Additionally buying a very weak sector. so to go long here you are betting on a monthly time-frame out performance ======================
12/Jan/2020 04:23 PM AUTHOR: Brandon Gum
3/Jan/2020 01:05 PM AUTHOR: Brandon Gum -- CRM has a nice setup rn as well as do many other competitors. ======================
31/Dec/2019 03:14 PM AUTHOR: Brandon Gum -- Head funds position chg y/y is significant. More than double increase. I think risking the recent low with target of near ATHs is appropriate. Ultimately I think if you turn your attention to the weekly, this thing looks like it could way past ATHs ======================
10/Jan/2020 09:59 AM AUTHOR: Brandon Gum -- I like the idea. 3% stop loss to below the recent daily range. I think this could breakout. However if it fails I could also see some W shaped price action form. I gotta study structure more to get better at understanding what could play out. ======================
9/Jan/2020 09:34 AM AUTHOR: Brandon Gum -- ======================
7/Jan/2020 07:02 PM AUTHOR: Brandon Gum -- 2 targets different with 2 different stop losses. I think retest and brief failure at 0.618 retrace is possible. Ultimately could test highs again. Careful of choppy sideways action if momo is not immediate. ======================
6/Jan/2020 02:13 PM AUTHOR: Brandon Gum -- 1st take profit on day 5 per backtested results from Tom Burk. 2nd take profit at measured move. Then letting it run. ======================
5/Jan/2020 02:51 PM AUTHOR: Brandon Gum -- Considerable RR on the monthly here. Wide stop when approaching from a monthly view point. ======================
2/Jan/2020 01:05 PM AUTHOR: Brandon Gum -- Software space is doing well right now. - So if there is more upside here is an idea. Due to it being a breakout strategy, 25% will be taken on day 5 of breakout per Thomas Bulkoski's breakout data showing most retrace/fail after day 5. ======================