Monday, May 29, 2017

+180%   Annualized Return  ...  $VEEV

How is that possible when the general market - using  $SPY  as a barometer - does only  +8%  to  +10%  every year?   

Simply answer:
  1. Invest in Growth Stocks
  2. Buy  'High n Sell Higher'
  3. Learn the IBD (Investors Business Daily) system of  CANSLIM investing
  4. Have a Trade Plan 
  5. Mitigate risk and control your losses
How come you don't hear this on  CNBC  or  FOX  or  Bloomberg  tv channels?   They are not doing you any favours.   Take it upon yourself to learn the system and take control of your own finances and your retirement account.   Share this post with your financial advisors and your professors in colleges.   They will be exposed to an idea that they may have never encountered. 

  I had shared my trade on  $IDXX  in my post on May 14 (2 weeks ago)  where the stock had  +14.79%   return in 9 weeks  (+85% annualized)   In my post this week I will share the steps I took to identify the stock  - $VEEV -  and timing its entry.   Once the position was taken, I shall show you the steps I took to monitor and manage the trade and make adjustments in the trade plan along the way as the stock headed towards its earnings confessional booth on Thursday May 25th.  

$VEEV  Trade  of  the  Week 

  1. 3/15 ... stock broke out from  $48.05  buy point in confirmed high volume and quickly ran up over 5% within 5 sessions.   Stock went through a 3 weeks tight consolidation pattern.   We had a major distribution day on  3/21 but the stock held up and stayed above the 8 day ema(exponential moving average)
  2. 4/20 ... stock broke out from a 3 weeks tight pattern in confirmed high volume.
  3. 4/21 ... Took a small position - since it was beyond the  +5%  buy zone and the risk was elevated.   Trade plan was for entry at  $52  with a  +10%  profit  target at  $57.20  and a loss target of  - 4%  at  $49.92.
  4. 5/5 ... RS line was reaching new high ground and pointing up.   RS ratings had increased to  95  and the stock had moved up from IBD group   49  to  22 within 2 weeks in the trade.
  5. 5/11 ... Had a trailing stop at  $54  to protect profits in the trade.
  6. 5/15 ... profit target was met but chose to use trailing stops and adjust the trade plan for more than  +10%  gain instead.
  7. 5/16 ... price moved up to  $59.09  in volume 2 times the average daily volume.   Trailing stop was moved up to  $55  to protect the profits in the trade.
  8. 5/17 ... We had a major distribution day where the  $SPY  and  $DJI  both plummeted to the  50  day moving average but the stock showed institutional support and kept up at the 8 day ema.   Major networks were predicting doom n gloom.   Stock closed at 15 cents above my  + 10%  profit target.  
  9. 5/23 ... Raised the trailing stop to  $57  while there was more trading volume coming in and the price continued to surge past the 8 day ema.   Earnings report was due within 2 days.
  10. 5/25 ... Earnings report was due after the close.   There was increasing volume for the past several days and the stock was surging.   Chose to harvest profits and closed out the position at  $61  for  +17.3%  profit  in 5 weeks (+180% annualized) 
  11. 5/25 ... I had taken most of the risk off by closing out at  $61.   Chose to keep just  10%  of the position still in play for the earnings  report.  Stock surged  +7%  on Friday 5/26
  12. 5/25 ... Tuesday morning May 30th, I shall close out the position at the open at market price.  The stock has moved up from group 22 to 13 currently in the last 3 weeks.

Mentoring Service

Don't procrastinate and learn from me:

 How I Identify Winning Growth Stocks and How I manage the Stock to Outperform The Market

Contact us at:

investorspotlight@gmail.com

Schedule a FREE 30 minutes of  "Discovery Call"   with us.   Learn how best we can coach you and mentor you to help you achieve outsize gains in the market.


Happy Trading!

Amin





DISCLAIMER



Do not take a position unless you are prepared to sustain a TOTAL LOSS. Your loss could include the money you invested as well as commissions and transaction charges.


The Information I provide is for education and informational purposes only. The Information provided is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice. The Information provided is general in nature and is not specific to you or anyone else.


YOU SHOULD NOT MAKE ANY DECISION, FINANCIAL, INVESTMENTS, TRADING OR OTHERWISE, BASED ON ANY OF THE INFORMATION PRESENTED WITHOUT UNDERTAKING INDEPENDENT DUE DILIGENCE AND CONSULTATION WITH A LICENSED PROFESSIONAL. You understand that you are using this Information AT YOUR OWN RISK.