MDC – 1x

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MDC has hit my first profit target of 1x where I have sold 1/2 of the position and raised my stop to break even. (Initial buy post HERE)

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RP hits 1x

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RP has been a great trader. We first entered shares at the end of October and hit 1x shortly thereafter. After a correction we were able to increase the position again in February and the trade has hit 1x today. See history of the trade HERE.  I have gone ahead and sold half the position and will raise the stop to the revised entry of $31.83.

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New Position PYPL Round 2

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I’m taking a new position in PYPL after my previous attempt at the trade HERE. I like how this setup has matured and it looks as if with a stop at $39 the risk reward is favorable for this to finally trend higher. We shall see.  Going back to the well has not proved to be working for me this year so far.

Entry: $42.51
Stop: $39.00
Risk: $3.51
Shares: 175
Total Risk: $614.25.

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GDDY add

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I really like the action I’m seeing in GDDY. I have gone ahead and added  shares and raised my stop. I’ve added 200 more shares, doubling my position to 400 and bringing my new basis on the entire 400 to $37.27. (Previous buy post here) I am also raising my stop to $35.70 which means my new risk is $1.57 or $628 for the total trade.

200 – $37.62

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