We had no sells today, but we did have one new entry. AAOI was added to the portfolio at 20.42 with 4.17% of our capital allocated towards this trade. Our initial stop is set at 17.97 with a portfolio risk % of .50.
Portfolio Trade Ideas
Not much to report on the portfolio today. Almost every position closed in the red today. I did want to highlight FLML because it did close below it's blue trending line. Because of this, it is now on a sell for tomorrow. Below is the chart of FLML.
Two stocks which we are paying close attention to are EMKR and ACLS. EMKR moved out of it's pricing pattern yesterday, and therefore, we will have to wait for a pull back to find an entry. ACLS is still setting up which will give us an opportunity to establish a position when it does breakout. Outside of these stocks there isn't much set and ready to move. The watchlist will be updated for trading tomorrow.