Week of 13 Feb thru 18 Feb 2017

[blygh]

OUT OF THE GATE

Rider	Horse	Open	Latest	G/L	%	Stop		Rank
1        Tiarra	ALXN	127.22
2            Ira	URA	18.08
Spiderman	EXASDFALT	18.77
4     SD	TSLA	270.74				250
5  RealDeal	RSDFALT	84.66
6   Blygh	UALSHT	72.85				75
Market	SPY	232.08
8	QQQ	127.76

[blygh]

OUT OF THE GATE

Rider	Horse	Open	Latest	G/L	%	Stop		Rank
1        Tiarra	ALXN	127.22	127.77	+0.55	+0.43%			3
2            Ira	URA	18.08	18.63	+0.55	+3.04%			2
Spiderman	EXASDFALT	18.77	18.63	-0.14	-0.75%			6
4     SD	TSLA	270.74	280.50	+9.76	+3.61%	250		1
5  RealDeal	RSDFALT	84.66	84.97	+0.31	+0.37%			4
6   Blygh	UALSHT	72.85	73.84	+0.99	-1.36%	75		7
Market	SPY	232.08	232.77	+0.69	+0.30			5
8	QQQ	127.76	128.10	+0.34	+0.27

SD leaps to the lead out of the gate - Ira on his heels
(an earlier report had erroneous closing prices )

[sd]

HERE'S THE LINEUP CHARTS ON DAY 1

[sd]

I Like Ira's URA position-
From a technical point- it closed above an orderly Cup formation today- Price pulled back in an orderly way into a short term sideways base and made an upside move- with a breakout on a wide ranging bar closing at the highs .
Looking at the chart, past wide ranging volatile bars accompany price moves higher-
The question then , is how to position a trade?
i chose both options- A breakout - where price has to move higher-$18.70 and a lower limit order entry $18.25.

Pullbacks into cup or saucer type formations offer good opportunities to enter into a trade that is already in an established trend.
I generally would not wait for a breakout to occur- My preference would be to enter following a basing action, as price closed above the converging ema's- noted on the chart- This simply gives an entry that has some technical validity, and is relatively close to the basing action that provides a logical and realistic support that price should not delve back into. This gives the trader the advantage of taking a tighter entry to a defined Point of failure with a lower % stop-loss being realistic.
The potential breakout may be met with some profit taking - or- may continue higher- or both- Thus, i set both a limit entry lower than the close-
and i also set a buy-stop higher than the close-I would prefer to get a fill on the minor retracement of the breakout- because it is closer to a defined swing low stop-loss- but we will see how this plays out.
Regardless, looking at the wider time frame, the momentum trend is to the upside- no point in arguing with the flow of the tide- The Ocean cares not-I learned that lesson the hard way....
Which reminds me of the time a friend and i sought to paddle in Kayaks down to Boston, but journeyed out to discover the island we could barely see-By the time we reached the island, it was mid afternoon- and as we sought to return home, we fought the outgoing tide- and arrived-eventually-exhausted- well after night fall back into Salem harbor.
Trading with a defined Tide favoring you is generally beneficial- capturing the turn in the tide takes much practice and much more effort.
At least that is how i view things presently
getting back on theme- URA is in a larger uptrend . The $16.25 level in the basing should be a higher swing low on the daily- but it represents too wide a % loss if entered on the buy-stop order. The buy-stop order assumes a higher fill and could possibly use the 4 ema as a stop- where the pullback limit may work with the 10 ema as a stop-Either way- I think trading in this present market environment favors taking the With Trend momentum.
JMHO

[tiarra]

SD, row your boat ashore! lol

[blygh]

Into the backstretch

Rider	Horse	Open	Latest	G/L	%	Stop		Rank
1        Tiarra	ALXN	127.22	129.50	+2.28	1.80			3
2            Ira	URA	18.08	19.19	+1.11	6.14			1
Spiderman	EXASDFALT	18.77	18.90	+0.13	0.7			4tie
4     SD	TSLA	270.74	280.98	+10.24	3.78	250		2
5  RealDeal	RSDFALT	84.66	84.30	-0.36	-0.43			5
6   Blygh	UALSHT	72.85	73.74	+0.89	-1.22	75		6
Market	SPY	232.08	233.71	+1.63	0.70			4tie
8	QQQ	127.76	128.53	+0.77	0.06

Ira takes the lead SD and Tiarra charging

[sd]

LOL! My boat hit some rocks today, with some stops taken out-I had my buy stop for URA $18.70- $18.80 lmt- might raise it a bit- Low was $18.81-today! Close.
Still holding TSLA, but today's pullback from the high suggests momentum is in question a bit- Nice momentum IRA!

[blygh]

d**n! - stopped out at opening trade $75.31 - covered the short - may go long on UAL - airlines a hot sector today

Blygh

[blygh]

Wednesday Feb 15
OUT OF THE BACKSTRETCH THE RIDERS ARE BUNCHED 

Rider	Horse	Open	Latest	G/L	%	Stop		Rank
1        Tiarra	ALXN	127.22	132.00	+4.78	+3.76%			2
2            Ira	URA	18.08	18.43	+0.35	+1.94%			4
Spiderman	EXASDFALT	18.77	19.69	+0.92	+4.90%			1
4     SD	TSLA	270.74	279.76	+9.01	+3.33%	250		3
5  RealDeal	RSDFALT	84.66	85.71	+1.05	+1.24%			5
6   Blygh	UALSHT	72.85	75.31 STOP	+2.46	-3.38%	75		7
Market	SPY	232.08	234.89	+2.81	+1.21%			6
8	QQQ	127.76	129.29	+1.53	+1.2%

Spiderman takes the lead with Tiarra and SD hot on his heels- Blygh is stopped out at the opening price 

[sd]

GEES Tiarra, I had you listed short on the graph- must be my mixeduplexia kicking in-
Dual moves in the sector looking good- I like the chart move of ALXN coming off a base holding on prior support (126)
Check out the pharma PJP etf-
Ual is 3x at bat at this level- JETS - a recent airline ETF has moved similarly-but broke & closed higher today.
Was filled on URA as it pulled back today-

[blygh]

Thursday 2/17        OUT OF THE CLUBHOUSE TURN              

Rider	Horse	Open	Latest	G/L	%	Stop		Rank
1        Tiarra	ALXN	127.22	129.25	2.03	+1.60%			3
2            Ira	URA	18.08	18.23	+0.15	+0.83%			5
Spiderman	EXASDFALT	18.77	20.17	+1.40	+7.46%			1
4     SD	TSLA	270.74	268.95	-1.79	-0.66%	250		6
5  RealDeal	RSDFALT	84.66	87.61	+2.95	+3.49%			2
6   Blygh	UALSHT	72.85	75.66 stopped 75,31	+2.81	-3.38%	75		7
Market	SPY	232.08	234.74	+2.66	+1.15%			4
8	QQQ	127.76	129.25	+1.49	+1.17%

Spiderman doubles his lead with RealDeal now contesting - two default picks

[tiarra]

Stupid earnings!

[sd]

That's quite a reversal!

[tiarra]

No joke! I'm placing a stop now at 127.36 If anyone wants to double check the price I won't take it personal.

[blygh]

And across the finish line 

Rider	Horse	Open	Latest	G/L	%	Stop		Rank
1        Tiarra	ALXN	127.22	128.82	+1.60	+1.26%			4
2            Ira	URA	18.08	18.01	-0.07	-0.39%			6
Spiderman	EXASDFALT	18.77	19.91	1.14	+6.07%			1
4     SD	TSLA	270.74	272.23	+1.49	+0.55	250		5
5  RealDeal	RSDFALT	84.66	86.54	+1.88	+2.22			2
6   Blygh	UALSHT	72.85	75.96	+3.11	-3.38%	75	stopped	7
Market	SPY	232.08	235.09	+3.01	+1.3%			3
8	QQQ	127.76	129.88	+2.12	+1.66

Spiderman for the win on his default pick - 2nd place to Real Deal on his default pick - go figure