MOJO Swing Portfolio - 10/10 New Picks - PLUG POWER (PLUG) & Sify Technologies (SIFY)

Published: Thu, 10/10/13

Thursday October 10, 2013

Hello MOJO Swing Trader,

What a relief it is to not look at red screen with losses. The monkeys are off the back now and pretty excited to move into new picks and less of them.

I will be maintaining a Watch list of (10) Ten Stocks to always be looking at and from there we can add them into the Portfolio as they start to move.

Video being made right now about the buys and restructuring will have by the close.

SKULLCANDY = (SKUL) - Cannot believe this stock - it look great this morning $6.28 and his since got "whacked back" - what is going on - why can't this stock hold it's head up and stay looking good. Now it is $5.95 - HARD Stop is being moved to $5.85

First New Pick to the Portfolio is:

PLUG POWER (PLUG) = The stock is strong in these levels. Last week it made a new high of $.77 and since has retreated. It found bottom at $.56 & $.58 - is now at $.65 - looking for a $20,000 position as follows:

5,000 shares here Entry test price $.65 = $3,250

5,000 shares here Entry #2 price $.70 = $3,500

5,000 shares here Entry #2 price $.72 = $3,600

5,000 shares here Entry #2 price $.75 = $3,750

Totals 20,000 shares at $.705 and stock will be $.75 puts us in a profit position of $900 and ready to see it go to $1.00

Second Pick to the Portfolio is:

Sify Technologies (SIFY) = The stock is coming out of it's base with extra strong volume and should continue funtil the earnings are out on 10/17. the stock may be moving up before the earnigns and then we can sell on them or before depending on how much it moves. Right now it is at "Magic" $2.00 mark.

Entry of 3,000 shares to start at $2.00 we can always get more little higher or lower.

If you do not mind sending me an email with how you feel about the MOJO Swing Trade Newsletter and the changes. How you feel I can make it better for you. The feedback you supply me will be greatly appreciated.

email me at info@mojodaytrading.com

Thanks for reading, and profitable trading!

ProTrader Mike
email: info@mojodaytrading.com
Skype: protradermike
website: http://www.mojodaytrading.com

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