CLS add, stop raised.

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CLS has been a champ during this recent pullback. Today the stock is attracting buyers and may be ready to break in a tough tape. I have gone ahead and added shares and raised my stop to $13.00. The new 340 shares were added at 14.11 which brings my adjusted basis to 13.85 with a total of 680 shares and a new risk of $578.00.  Initial buy post HERE. 

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ACM stopped

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ACM which I started in early February HERE, has been stopped today on the recent decline. I won’t overthink this and have taken the stop and will move on.

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EMKR stopped on raised stop

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EMKR has been a winner but unfortunately it’s now faded back to its entry and I have taken the stop. The posts on initial entry and 1x can be found HERE.  The difficulty here is the setup is still quite attractive however I am choosing discipline over conviction and will follow the trade-plan as it was set out to begin with.

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TSLA add, stop raised

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As I mentioned in my first buy of TSLA here, I wasn’t entirely sure where a good pivot was for a stop. I started the position with a small amount thinking that I would hold until the channel was broken to the downside. I now like the $240 level as a clear pivot to trade against for a breakout to the upside. With this in mind I have added to my shares, and increased my stop. My new basis is now $256.63 with a clear stop at $240.00

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