This is a recap on the stock tickers I called out in March 27th. Starting with the losing trade called out.
AHPI:
-Stop Loss: 12.49
-Targets: 25 and 40
AHPI didn't spike as expected. I suspect this is mainly because the Trump has been saying we have enough ventilators. Also, the virus situation has been improving in the US so the demand for these products are projected to get lower by the market. Good thing I didn't really take a position on AHPI as I thought APT was a much better virus play.
APT:
-Stop Loss: 8.33 -Targets: 20's and 40
APT has not quite reached my price targets and has been consolidating within the $11 - $14 range. Since call out, it has reached a high of $18.75. I have made a couple of quick swing trades with this, depending on the new information regarding the virus. I have taken profit on my core position for APT, and holding just a small position at the moment. I believe the short squeeze was stunted by the significant decrease of new virus cases in New York. However, people are still going to be mandated to be wearing masks, so mask-makers should stay relevant for a while.
COG:
-Stop Loss: 13.15 -Targets: 22 (gap fill) and 26 (weekly resistance)
COG has really lived up to my expectations. As you can see, it has reached my first price target of $22. It seems to have also formed a bull flag and is trying to break out. Unfortunately, I personally did not quite trade this well. I went too aggressive and got stopped out a couple of times. Overall a break-even trade for me. Though I clearly nailed the direction of this stock pretty well.
GME:
-Stop Loss: 3.49 -Price Targets: 5.5 and 7.6
GME was a tricky trade. It hit my stop loss first before hitting my price target. However, if you entered after it bounced from the lows, you would have made a decent profit. The new low it made was divergent. Now it is hovering above my first price target and forming a cup. This could be preparing for a break out. I am still holding my full position in this with a higher stop loss at $4.42.
I'm also making a higher price target of above $10 in addition to the $7.6 target.
Overall, the call outs have been very profitable trades. 3/4 has gone up since call out date. 2/4 has reached their price targets. 1/4 has gone down significantly.
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