Watchlist Update/Session Recap 9/28/16

What's up guys, just posting the watchlist update...It's been a while I think. The watchlist is bigger than it has been being. A lot of these are like stocks that I just want to see how they play out by the end of the week because a lot of them seemed to have a momentous move today. So I'm looking for a push over these resistance necklines. Because.....obviously....they're triangle patterns.

MITK: Had a pretty decent day today, over that trendline and then closing at the 8.50 resistance, Hopefully we can get over that for a dollar gain to the 9.50 resistance and maybe to 10$$

OZM: Had a decent day today also, just as MITK closed at resistance, but OZM closed just above so hopefully we can open tomorrow above with a run.....all speculation though.

TK:  this one had a good day today also, so a push to resistance would be a good gain so hopefully we can see a push to/over the resistance.

TOO: Looks kind of flat but had a 10% gain today, got an alert today in class and was sitting on my hands like "that's nice" lol

ZIOP:  Was about to cut this one buuuuuut she had a good day today behind my back so Hoping to see a push over the neck....It's a flat top now as apposed to a descending trendline if you paid close enough attention...lol 

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Alright guys just going to go over a recap and a decent lesson. As traders we strive to make money yes.....But before you can make money you only have 43 thousand things to learn before that happens. An important trait to becoming successful is to be able to lose and then stay emotionless and disciplined enough to make a comeback and break even or go green. That is what I was able to do, I didn't go green but I started the session out down a hundred bucks by trading AVXL and got stuck in that chop shop nonsense and it flipped on me and I cut my losses as seen below.

If you want to know what an AMF pattern is that I'm referring to in the above picture then click the link labeled "Setup Reference" over to the right or go to 

www.piercetrades.com/education.html

So freaking up AVXL and losing a quick hundred bucks I then noticed how $SEED was flagging at the 3$ whole Number resistance with some selling pressure. So I shorted at 3 and sold in the low 2.90's and broke even on the day...I never found anything else but ended the day down 4$ which in my eyes is a win! 

The importance of this recap is to know to not fall in love with a stock and cut losses, because had I not cut losses there would have been a lot bigger of a loss! 

And to remain emotionless and disciplined to recognize setups and trade to make comebacks and also to know when to quit trading during the day when the trades just aren't rolling.

DISCIPLINE IS KEY!!!!!!!!

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Anyway guys, thanks for checking out the post, If you want to join our FREE trading chatroom go to 

www.piercetrades.com

Follow me on Twitter for live market tweets!

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Checkout my Youtube channel for VLOG's and session recaps!

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Or email me for any questions you don't want on blast or comment below!

All the social media information is in the welcome message at the top!

See ya'll in chat tomorrow at the open! Let's make some bank!!!

Always remember,

Stay Educated. Stay Disciplined. Stay Profitable.

JP

Watchlist Update: 9/25/16--Start To a New Week!

What's up guys just updating the watchlist into the new week, bringing September into a close I don't know about you guys but I could very much so tell a difference in the volatility of September vs. August. Hopefully we can see a pickup through October and then November is going to be lit!

If you haven't seen it yet, go check out my first ever VLOG, hopefully the first of many...this is a series for new traders to understand that sh!t happens. Just taking you through the trials and tribulations successes and failures of daytrading. So feel free to go check that out by clicking this link-------------> https://www.youtube.com/watch?v=hIlPA3Vl8H4

So here is the watchlist: These are just stocks that I like the daily chart for a potential breakout...this doesn't mean that they're just going to magically rip tomorrow. These are really a waiting game. For my intraday trades/alerts Join our chatroom @ www.piercetrades.com or follow me on Twitter and StockTwits and Instagram....I don't post picks on Instagram though just watchlist updates and motivational stuff for marketing purposes.

ZIOP: Still waiting for this breakout to come, for the breakout over 6$$$ These triangle patterns are simply a waiting game.

PACB: We are still flirting around that neckline. Hoping to see some volume come in for a push over.

I am putting these two together, FIT &GPRO....they have very similar daily charts which they both seem to be breaking out of. FIT is very near and dear to my heart as it is the first stock I ever made money off of. This was also when it was at 50$ a share lol. Hoping to see a reversal in both of these. GoPro just also released a new drone.

CPRX is the stock I did the video on at the top. Hoping to see a continuation tomorrow for the breakout.

Thanks again guys for checking out my watchlist and the video above if you did so. Feel free to join our free chatroom...if you plan to be active in asking questions or posting alerts etc. 

Let's make some bank tomorrow! 

Always remember, 

Stay Educated. Stay Disciplined. Stay Profitable.

JP

Watchlist Update 9/22/16

What's up guys, just updating the watchlist along with an ANNOUNCEMENT! Shorted $GALT today to see the review on that go to www.piercetrades.com/blogs

The announcement btw if you couldn't tell from the blog URL above www.piercetrades.com is now up and running!!!!!!!! So if you want to join our chatroom please check out the website and follow the instructions under the chat tab! IT'S FREEEEE! Okay here is the Watchlist!

ADMP: Looking for that rollover 3.50

MNGA: Back in the day when I had no earthly idea how to trade and had no discipline this thing stuck me, so I'm coming back for revenge lol and it has a nice daily so looking for some momo.

PACB: Looking for a continuation above that neckline.

ZIOP: Keeping her on the watchlist until we see some real red.

If you want my intraday alerts feel free to follow me on Twitter/StockTwits/Join Chat.....Follow me on Instagram for more updates/motivation/lifestyle/etc. 

Any Questions feel absolutely free to email me! All of the social media handles and emails are in the welcome message at the top of the blog! 

So go check out piercetrades.com!!!!!!!!!!!!

Alright guys take it easy

Stay Educated. Stay Disciplined. Stay Profitable.

JP

Watchlist Update: 9/20/16 Bio's are HOTTT

What's up guys, just going to post the watchlist update. Ever since the Novavax debacle, biotechs have been gettin sh!t done! So the three I'm watching are below along with another to prove an example.

$NWBO: Flagging under $.70 hoping to see a rollover and a push to/above a dollar.

PACB: Looking for the 9$ rollover and hoping to see a push back to the high 10's back to that resisance.

$ZIOP: Is probably my favorite right now. As you can see we are seeing some real pressure to break over that neckline. We actually got it today but it lasted like 3 minutes. So hoping to see some real push.

$CARA has already broken out (remember seeing this on the watchlist a few weeks ago?)

http://piercetrades.blogspot.com/2016/08/watchlist-update-83116.html

^^that is the link to see cara on the previous watchlist. Hoping to see some continuation but I don't plan to chase this it's just serving as an example that bio's are moving. Along with NVAX SRPT etc.

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Alright guys, that's it for me today. Thx for checking out the watchlist. For live updates follow me on StockTwits/Twitter/Instagram. Comment below with any questions along with email me for questions you don't want everyone to see. All the social handles and email info is in the welcome message above! 

Always remember, 

Stay Educated. Stay Disciplined. Stay Profitable.

JP

Watchlist Update 9/18/16

What's up guys, Posting the watchlist along with some updates that I'm excited about. For those who actually follow this blog and have been since like the beginning.....my day one people. So scroll to the bottom to read my update that I plan to launch in a week or two. So here is the watchlist.

WFT: Hoping to see a bounce right off that trendline back to the neckline to new highs....If we get a breakdown then she's dead to me.

ZIOP: looking hot, had a decent day on Thursday so hoping to see some continuation over the next few days. But as you know the whole NVAX debacle really made other bio's eat shiz on Friday...however ZIOP only dropped 2% so she held pretty alright....unlike XOMA.

HNR: waiting to break the first neckline to head to a dollar. Then looking for the dollar roll...these are really just a waiting game. Follow me on Social Media (Twitter) for my live daytrading alerts/scalp plays.

NVAX: I am really watching this for scalps throughout the next day or so. It is obviously going to be volatile, It just dropped 80% in a day (less really). It then ripped like 50 cent on Friday so hoping to see some more upside, or a hot short as it nears a dollar. On watch though. Probably for just tomorrow.

Alright guys, here is my update: I plan to launch, on YouTube, a DayTrading VLog where I talk about my trades and give you some motivation as I aspire to eventually do this professionally. I believe I will have launched the first ever VLOG that talks about stocks and daytrading. Now if you all don't try to be dicks and launch one before me then I will be the first. It's really a video blog series that shows that you all are not alone.

 You never have people reach out to you who are traders until they're successful with hundreds of thousands to millions of dollars. So I want to start a video blog that takes you through my Trials, Tribulations, life, and times of an aspiring DayTrader. I'll openly admit that I am not a professional But I do know what I am doing. I do have stocks from the watchlist above breakout every once in a while and find good picks throughout the day. I am still working out the psychological part of Trading and you'll see that throughout the series. It would be kind of cool to document the transition of doing this part time to full time and you guys get to see that journey and me to have it on video, in series form.

I'm pretty excited about it. So I will flood social media when that first video comes out so be on the lookout.

Other than that, follow me on Twitter, StockTwits, and Instagram....those handles along with my email are in the welcome message above so hit me up for any questions or whatever. 

Always Remember,

Stay Educated. Stay Disciplined. Stay Profitable.

JP

Watchlist Update 9/14/16

What's up guys, just going to post the Watchlist Update. A lot are gone due to breakdowns and what not. I am keeping a tight Swing trade watchlist right now due to discipline and all that. Thanks for checking me out! If you want my real time alerts follow me on Twitter and StockTwits. If you want motivation and updates then follow me on Instagram! Email me with any questions or comment on the post. All the social media information is in the welcome message above as well as email info.

The Watchlist:

WFT: looking for this to breakout, It's really been trading choppy lately. I really expected it to breakout today or yesterday, But the Dow is looking like a potential breakdown which is why you have to be careful with these. But patiently awaiting for a break over that 6.3-ish level.

$XOMA for those of you who saw the last post, I really played this up like she was going to breakout huge. I want to kind of retract some aggressiveness that I may have portrayed then. Because watching the one minute chart is really ugly. So I still believe this thing could go as it did in the past with a very similar setup and like you'll see on the next one history repeats itself. But it really needs some volume to come in and some people to really pay attention to it. But I still believe we could see some upside.

HNR, I have been watching this come across my scanner during the day during those spikes that I've pointed out. I happened to notice the daily chart today and this thing has a real sex appeal to it lol. You can't tell me I don't have a valid point spelled out on the chart. This thing once we get the dollar roll could really see some upside. Dollar rolls are a hot pattern! Now I won't say all this will happen tomorrow, But I'm hoping the third spike will be the charm! Hoping to over a dollar soon.

Alright folks that's it for me, I hope you all have a great night and let's come back tomorrow morning and make some bank! 

Always Remember,

Stay Educated. Stay Discipline. Stay Profitable.

JP

Watchlist Update & Wins: 9/12/16

What's up guys, I am posting really an addition along with some wins from today! Hope you all got some profit today! Lets get some more tomorrow! For the full watchlist Scroll down to the previous post! Those still apply.

$XOMA is a stock that has really caught my eye and is the only watchlist addition there is but it's an important one because we have a smokin hot Daily chart pattern, along with (hopefully) a FDA catalyst coming up Friday. As I'm sure some of you remember last year this stock was a hot traded stock if you look back at the beginning of the chart. I think we could see some serious upside as we approach and get beyond Friday. But then again the news could come out and it be a bad update and it tank....It's all speculation folks but I figured I'd bring this to your attention.

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Watchlist Wins:

I gave the #PlayOfTheDay on Twitter (follow me) to $FOMX It broke out of an AMF pattern @ 9.24 in which I got in. I sold like Mid 30's which as you can tell was wayyyyy too soon which I said on Twitter(Follow me). This thing ended up going to 10$ today (which I alerted on Twitter{Follow Me})

$WFT had a really good day today, went right up to that neckline and then proceeded to consolidate the rest of the way. Hoping to see a breakout with a similar run in the next few days. 

Alright folks That's it for me, My main objective was to share $XOMA, I'm feeling good about it. But we'll see, I'm not afraid to be wrong but I'm looking forward to being right....Money management is *Key Emoji. 

If you want to know what the AMF pattern is for FOMX click the link to the right labeled "Setup Reference" 

If you want my real time alerts and updated then follow me on Twitter/StockTwits....or email me at piercetrades@gmail.com to join our FREEEEEEEEE Chatroom! 

Otherwise Have a goodnight! Thanks for checking this out! Lets make some bank tomorrow!

Stay Educated. Stay Disciplined. Stay Profitable.

JP

Watchlist Update 9/11/16

What's up guys and girls, just posting the Watchlist Update. Had a big selloff Friday so a lot of the stocks got taken out and taken off the watchlist! So here is what's left over/added.

Just want to extend my condolences out to those who lost loved ones 15 years ago today! You are in my prayers and on my mind. It may have been 15 years ago but it feels like yesterday and those were fellow Americans who didn't deserve their sentence that day!

DNR along with the rest had a nice selloff friday, but the chart is still intact.

MGT same style sell off, as you can tell this stock can have some hot days, along with the triangle pattern so still looking alright.

TPLM: had that huge rip on a red day, which is a good sign. Also you may think I am late to the game but this stock sold all the way back to the neckline so I think we could see some more with earnings in 9 days.

WFT had a selloff too, but it doesn't look that bad with this chart, still looking for that resistance break.

CYTK: No this isn't a triangle pattern, but this is forming up a pattern that I have had some luck with in the past. I am coining this pattern the "Inverse Newt Pattern" basically to most traders it is known as a dead cat bounce...but Newton is known for his "what goes up must come down" well this is the "What goes down must come up". Basically looking for it to open Monday with a green day since it kind of bounced off 9. It could fall through 9 and keep busting through those support levels but until we find the bottom she is still on watch.

I'm sure you can guess what a "Newt Pattern" is lol.

Alright folks that is it for me today, Ready to trade the open tomorrow! If you want to come join us in chat, email me at piercetrades@gmail.com. If you want my real time alerts by not joining chat, follow me on Twitter/StockTwits I don't really alert real time on Stocktwits. The only reason I am on StockTwits is to save new traders from StockTwits. That place is a newbie's death trap. 

Follow me on Instagram for updates etc.

Any Questions email me again at piercetrades@gmail.com

All the above social media handles and information is in the welcome message at the top!

Alright folks 

Stay Educated. Stay Discipline. Stay Profitable.

JP

Watchlist Update 9/8/16

What's up Guys, just going to update the watchlist, because it's always changing! These are potential Swing Plays but also intraday scalps when they're breaking out...mainly just a waiting game. If you want my real time alerts email me at piercetrades@gmail.com to join the FREE PierceTrades Chat or follow me on Twitter and StockTwits.

DNR: Looking for this triangle break and a run back to 5$$

FOLD: patiently awaiting for the flag break!

LEDS: looking for a spike, Kind of a bigger version of OPTT which is fading off so this could happen but looking for some upside with volume!

Looking for that 4$$ breakout after the last two days out of that very flat consolidation

TNP: Earnings tomorrow so Hoping to see some upside! With the triangle breakout!

TVIA: hoping to see the trendline breakout with some volume.

UEC: looking hot on the daily chart looking for at least a spike up over the neckline.

URRE: had that decent day two days ago (chart is old) hoping to see some more upside.

WFT: Hoping to see a run back to that to 7$$ then back to the 8.50 level after a decent day today.

That's it for the watchlist from me today! Let's make some bank tomorrow to close the week! The Market was choppy today but hoping to see some definitive movement as we welcome the 4th quarter. 

Take it easy folks,

Stay Educated. Stay Disciplined. Stay Profitable.

JP

Watchlist Update: 9/7/16

What's up guys just going to post the new watchlist update. Two of these have earnings coming out this week so I'm really hoping to see some movement. Follow me on Twitter for my live updates. As well as join the chatroom....If you're interested in joining FOR FREE email me @ piercetrades@gmail.com!!! We primarily Daytrade Stocks!

PPHM: Has earnings coming out either today or tomorrow, as you can see we had a volume spike yesterday so hoping to see some momentum tomorrow and so forth.

TNP: Also has earnings coming out tomorrow or Firday, hoping to see it break that neckline!

LEDS: had this on the watchlist yesterday and it ran decently this morning but was unable to hold those gains so hoping to see a run back to 8$$

URRE: had a red day(this chart is a day old) but hoping to see it retest the neckline and hopfully see a break. A lot of these are waiting games.

FOLD: looking like it wants to hold that trendline, could be a swing back to 8 but it just needs some volume so be careful.

TVIA: broke that neckline today but didn't hold, needing some volume for that extra push!

Alright guys that is it for the Watchlist most of these are just a waiting game, when stocks like these breakout they tend to be big runners. Just look at CSTM that was on my watchlist a week or two ago. SIGM also had a good day yesterday....must of had bad earnings.

If you want my real time alerts follow me on Twitter or join chat....We already got new traders in there banking!!! For other updates etc. follow me on StockTwits and Instagram.

Have an awesome Night folks see you at the open tomorrow!

Stay Educated. Stay Disciplined. Stay Profitable.

JP