Wednesday, August 21, 2013

Continue To Watch & Continue To Hold

With the DJIA closing down more than 100 points, NFLX, FB & TSLA appear to be holding up well. Continue to watch and continue to hold until your catalyst is invalidated by price. The current unsettle state of the market is difficult enough to maintain the course, so don't let your opinion or personal bias influence your trading decisions. More importantly, don't let others' opinions alter your trading positions. Trade what you see and trade with your convictions.

In the meantime, continue to apply tight stop to protect unrealized gains and to preserve trading capitals.

NFLX:



FB:



TSLA:



Disclosure: Long NFLX & FB


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