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Observation Update

Trade Summary

Today we removed SSNI from the portfolio at 13.93.  Generally when a stock moves back into the base so quickly it's best to take a small loss and allow it to reset before establishing a new entry.  

Position Summary

MXL closed below its trailing stop today which was set at 15.48.  We'll watch MXL open tomorrow and get a feel for the trade.  It's possible a push back the other direction is in order for a few stocks in the portfolio.  ABTL, as well as, IPHI are both resting near their stops. Depending their price behavior tomorrow, both could be removed.  Below are all the charts for further reference.  

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