Stalking TZOO for 5 straight days finally paid off. I got long 300 shares at 77.62 with stop at 77.00. I exited 50 shares at 79.10 (R2), 100 shares at 81.24, 100 shares at 81.28 and stopped out remainder at 80.00.
I was thinking of getting long TZOO later in the day when it was basing on 20EMA/5 min around 81.00-81.50 but couldn't pull the trigger. Trade would have worked out well.
2nd trade was long PCX on coal strength. Took 700 shares at 23.50 and bailed at 23.45 when sector started weakening. Turned out to be a great move because PCX took a quick dive after my exit. Stock managed to work its way back and base at 23.50 again for a nice run. I've always had a hard time pulling the trigger on trades in the afternoon.


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