Updated

RACE - This to the upside

There may be a good chance this goes up.

Keep this in mind. This is a subsidiary IPO, not a fresh IPO trade. Stay nimble and trade smart,

Note

Generally a fresh IPO is will most certainly bounce after a ~15% Drop. This is a Subsidiary of FCAU (Fiat)

another note - Options were added yesterday, along with Weeklies.

Note

Although it traded Down, There is no change it plan here. I will Keep this behind my Radar.

In future, for those interested, I am planning to add the Earning Zone Trade setups and the IPO picks. I will open a new blog and keep those running.

Let me know if you are interested, as it is time consuming to post and maintain everyday during earning season, Without enough interest I will skip that idea.

Note

Do Not chase the breakout @ 52....... Wait for a pullback. Use Stage Analysis.

Note

High Volume zone clearly shows the resistance / support. Hold, w/ breakeven stop

Note

With the weakness in the market, I want to see this either hold the level of $53.50 and breakout. Be on your toes and manage this well.

If you follow my comments, you shouldn't be exposed to a lot of risk, at this point.

Note

Coudn't update the Status on this one, Had quite a lot of trades, going into FED announcements. Hope No one got hurt badly here.

Based on the last few comments, you should have closed this one or stopped out..

UDAY_C_Santhakumar

Uday C Santhakumar

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UDAY_C_Santhakumar

Uday C Santhakumar

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