Week of 3/30/2015 - Tuesday Update

JIVE Paper Trade Update Day 2

JIVE Opened lower this morning, rallied for a while, but then closed flat on a volume of just under 1.2M shares. In contrast, yesterday's pullback occurred on 761k shares.

This is the nature of a longer term swing trade or an investment stock.  There will be up and down days.  If I were to use the watch list in order to watch for a dip and then the bounce then I could have gotten into this paper trade at 5.10 pretty easily yesterday and I would be 0.03 per share in the black.  That's $30 on my 1,000 shares.  It could have runaway without me too, but it's OK if you miss the entry into some trades.  Don't chase the price.

If this makes my 5% minimum target then this will rally to  5.46 which would represent a theoretical $260 windfall.  At 10%, my upper limit where I intend to take profit so as to protect my capital and my earnings from a sudden down-swing, this would be $520 (This is of course not counting the trade fees which can vary from broker-to-broker).

ALWAYS remember the power of COMPOUNDING.  Every 5% victory I claim I can compound into larger and more stable stocks.  My odds of a win at 5% are very good compared to trying to get 20-30% winner that are FAR more rare.  Don't get greedy; Pigs get slaughtered.


JIVE
               Open        Close       High        Low
Monday:        5.20        5.13        5.27        5.11
Tuesday:       5.09        5.13        5.25        5.04
Wednesday:                             
Thursday:                              

One thing does concern me in the price behavior and that is the emerging dome pattern in the afternoon trading and into the close for the day.  I would likely set a sell price of 1.21 before the open tomorrow so as to protect my assets.  I would adjust that if the pre-market price shows a jump, but I wouldn't want to push a bad position.  If that last arrow would have curved up instead of down, then I'd be more assured for tomorrow.

Week of 03/30/2015 - Monday Update

Paper Trade Update for JIVE - Open Price for JIVE was $5.20 so 1,000 shares represents $5,200.

At the close of the Market Monday this was at $5.13 representing a $70 dip.

Of course we're not in this for a single day's trade, we're looking for a weekly winner.  So, I'm going to track the open and close prices for JIVE through Thursday.  Friday this week is a holiday and the markets will be closed.

JIVE
                     Open         Close        High        Low
Monday:        5.20          5.13          5.27          5.11
Tuesday:
Wednesday:
Thursday:

Incidentally, I sold my SD on a $0.01 trailing stop for a small profit $40-$50.

Monday March 30 Weekly Watch List

I've got one stock I like this week aside from the SD I'm currently holding.

JIVE seems to be making a bounce.  This is a software/technology company.  Here's their daily chart:

The last trading day they bounced up 2.3%.  Their Accumulation line shows accumulation of shares (more buys on the ASK than the BID day over day) and the RSI just broke over 50%.  The MACD show that it has just crossed into a bullish look.

Here's their weekly chart for the last 9 months:

This shows a steady increase over the last few weeks and a bullish MACD cross-over and an up-swinging A/D line.  The RSI, while still below 50, is showing promise as it is approaching it's 40% high.  Finally, the volume has popped up for 2 weeks straight.

LASTLY, the Monthly chart ...

... shows a white candle at the bottom of a precipitous drop over the last 8-9 months.  The volume for the current month is low compared to the last several, but this could be a cessation of the panic. The sudden stop of the sell-off and the slight rise in price may be a signal of a turnaround coming but remember that I'm a beginner at this, and I could be completely wrong.  This stock could pop slightly and then roll over and go down further.  I've NOT viewed the SEC documents for this company so this is purely a technical analysis of the price and volume movement.

For the sake of the paper-trade I'm going to assume that I buy 1,000 (fake) shares at the open today and set a sell price at 5-10% higher than my purchase price.  I will also assume a stop at 4.95 because the price breaking below that would be a sign of weakness and that it could roll over and fall again.  What we want is a set of candles making higher highs and higher lows each day, week, and month.

With all that said, this could go to 5.30 or perhaps 5.50 by the end of the week.