February 21st 2007

Swing Trade - Long TIVO: Update

TIVO has been doing very well. I have taken partials here and now will ride this trade out with my stops set at breakeven.

swing_trade_tivo_22107.png

Part of my plan has always been to take partials (usually enough to cover what I risked) when the stock hits its first level of consolidation. When I featured TIVO on 2/13 I thought the market would go lower. Now I’m not so sure. The NASDAQ and DOW as well as the broader S&P 500 are still all trending happily upwards. I’m going to keep a little in TIVO in the event that this uptrend carries the stock with it.

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1 Comment »

One Response to “Swing Trade - Long TIVO: Update”

  1. thierry on 22 Feb 2007 at 7:31 pm #

    hello jonathan , this was very good ….i try to understand your style …i saw a chart an i was thinking …maybe jonathan would pick this one ??? have a look at FRO i would like to know if this fit your methodology ( that you have to explain )
    thank you
    thierry

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