Monthly Archives: March 2014

Baidu Back to the Top

Posted on March 7, 2014 by Stock Trade Journal

Baidu (BIDU) reached new highs today again after a great rally yesterday. It is pulling back as it found new sellers around $190. It now needs to hold above $184 to confirm the inverse head and shoulder pattern that yields … Continue reading →

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DryShips Continues, Bank of America Breaks Out

Posted on March 6, 2014 by Stock Trade Journal

I added to my DryShips (DRYS) position as new support is defined around $3.90. Next level where it might find sellers is $4.50. It is trading above $4.30 pre-market setting up for a gap open. Bank of America rallied strong … Continue reading →

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DryShips Rallies

Posted on March 5, 2014 by Stock Trade Journal

DryShips (DRYS) gaped and rallied higher yesterday to trade above $3.90, where it had been rejected last month. It is set to open above $4 today where potential sellers await. I am preparing to add to my position if it … Continue reading →

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Baidu back in the range

Posted on March 4, 2014 by Stock Trade Journal

My order to buy a few shares of BIDU finally got filled below the bottom of the range it has been trading since mid February. It needs to trade and stay above $175 before it can move to new highs. … Continue reading →

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DBA Target reached

Posted on March 3, 2014 by Stock Trade Journal

DBA reached my target on Friday and I decided to close my position to raise cash. I expect it to consolidate, and maybe pull back a bit here. Besides, the situation in Ukraine is unsettling the markets and I want … Continue reading →

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