HYDL...

I am actually on my game this morning and am posting my trade in HYDL practically in realtime. Stock looked good this morning and is forming a nice base here. I hope to get the gap filled plus some. I actually pulled up my 'trade rules' this morning and HYDL fit the bill. Sector up, oil up, good CCI and stochastic support, and the markets were flat. So, I positioned half a normal trade and expect the best.

My notes:

On a separate note, I am still very subjective and wishy-washy on how I trade stocks that have met their first target and are now bound by 1% target/stop loss. The question I have not answered is: do I take action if the target is met at anytime or do I wait to see what action to take near the trading window? For example, CBB hit my lower target of 4.73 early this morning and then advanced. Should I close my position or keep it open as it is well within its range near my 11am windows? I waited, but I don't know if this is best. If this were a true stop loss, the trade would've closed at that point, so maybe I should enjoy the few cents gained since the alert and close. I will have to argue this with myself for sometime before coming to a conclusion.

For now, happy trading,
Masterjaz out