MOJO Swing Newsletter 12/5 PLUG Morning Update

Published: Thu, 12/05/13

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Thursday December 5, 2013
Good Morning MOJO Swing Traders,

PLUG =  Up to $1.39 Pre market 10% - Model has small piece left - will be selling half of that here and raise trail stop on last piece to $1.26. I thought it would gap more, but 10% more is 10% more - so MOJO will take what it gives us. 

FCEL = Looks good premarket at $1.52 X $1.64 - this one we will have to wait for the open as the spread is big and the traders are not on the scene here yet.

NUGT =  We did it again. Nice start to the month - with a great save in NUGT yesterday. Very happy with the option play and for those that did not do the option play and just had the stock long congratulations on the score. We sure had the bottom pegged. See what it does today. Will have no problem seeing the stock get called away at $28 on Dec 21st - keep that $2.30 premium + $.25 cent profit on the stock.

Thanks for reading, and profitable trading!

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

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