tangman

tangman Updated  Mar 3, 2017

-Right on the 50, floating above the 200 -Consolidated latest pop -Weekly shows very long term base -Stop below this bull flag, about 20 cents or 10% lower -Small Position, 2% of portfoio, risk 0.2% If this "pops" again I won't be "chasing" this time.

tangman Updated  Feb 28, 2017

- Daily charts are quite oversold - Possible double bottom of the old inverse H&S neckline, seems like a support level - Copper remains in an uptrend after recent 2 month correction - Buy 13.56, Stop below 13.00 5% of portfolio, 4% risk, portfolio risk 0.2% If the global economy doesn't implode this should do well long term. If there is a currency crisis this...

tangman Updated  Feb 21, 2017

Looking at CNAB weekly, it could be ready for another run. Long term, it could do very well if the marijuana sector does well. Picked this stock because this isn't priced like a penny stock so it's easier for me to trade, but the whole sector has a lot of speculative upside. Buy @ $2.03, stop $1.75. 2% of portfolio, total risk 0.3%. Long term buy & hold. If...

tangman Updated  Sep 28, 2016

Oil jumped 4% today on the news. The various charts check out, too. Oil is breaking out of a wedge and may continue towards its large inverse H&S target. I'm adding to the three companies I already own.

tangman Aug 18, 2016

This energy company: - ran up from its lows - consolidated at resistance - is now breaking out of that consolidation - is showing a large inverse H&S (parallel with Oil) Long position from $12.10. 10% stop, a little below $11. I'm a little late from breakout so my risk is slightly higher, but still <1% of account. Already rose to $12.19 as I wrote...

tangman Updated  Aug 15, 2016

Over the last 8 trading days, Oil has dropped from $44 to $40. Meanwhile, LGCY has simply held in consolidation. Today Oil might be putting in a DCL and LGCY seems to be breaking above its 10 & 20 SMA. Buying here @ 1.77 with a stop @ 1.62, or about 10%. Overall risk is < 1%. I made a LOT of money in LGCY earlier this year, and then gave back a good chunk...

tangman Updated  Aug 9, 2016

Brexit happened. I believe it was a surprise. After some short term volatility, over time I think Gold and safe havens will do very well. On top of that, the charts have been very strong for Gold and I've been trying to get a position for a while, but lacked a decent dip. Today gold is up 4%, BTG up 9% and EGO up 5%. My BTG and EGO positions have turned...

tangman Jul 14, 2016

TGD: Breakout, gap fill and rally. Looks like it may break out again. Small position @ 0.47

tangman Jul 13, 2016

It held up nicely consolidating its rally in 2016. As a result there is an Inverse H&S that could power another rally if commodities recover. Yesterday it broke out of the smaller daily consolidation and today it looks strong as well. Took a long position today ~$12.60

tangman Jun 29, 2016

Chart looks like THM, building up to an explosive breakout I saw the breakout happen this morning, waited for it to come down, and picked up a decent position at $1.23. Coming out of such a long base, this could run very well if a metals bull market manifests. I sold NCQ for a small loss and moved the money here. I also bought PAAS yesterday which is doing...

tangman Jun 24, 2016

Purchased at 3.41 and 3.75 Selling at 4.87, 36% profit - Possible double top, may be a short term decline coming - BREXIT surprise; possible black swan & global market crash. S&P teasing a H&S top today - Due to economic risks, I'm transitioning to precious metals instead of industrial metals.