02/04/2015 – Solar city
- February 4, 2015
- Solar city
Issued: 02/04/2015
Solar city, SCTY:
1. During the week of Jan. 12 we noted that SolarCity would be in a ‘Buy’ position upon a weekly close above $47.50. Both the week of Jan.12 and the week of Jan. 20 closed above $47.50 indicating new long entry for a forecast advance and test/attempt at $52/$53 into the week of Feb. 2 (+/-1 week).
2. On Mon., Feb. 2 Solar city completed the forecast $52/$53 upside target due the week of Feb. 2 (today’s session high, $53.80).
3. Initial long position exit was taken at/near $52.00, and at $52.72.
4. Any final long position should be exited at current prices (current price, $53.37). This completes the trade. Will message any further entry or indication in Solar City.
David Williams
Issued: 01/27/2015
Solar city:
1. During the week of Jan. 12 we noted that SolarCity would be in a ‘Buy’ position upon a weekly close above $47.50. Both the week of Jan.12 and the week of Jan. 20 closed above $47.50 indicating new long entry for a forecast advance and test/attempt at $52/$53 into the week of Feb. 2 (+/-1 week).
2. It was also noted in today’s session that SolarCity could be bought at current prices (current price $50.10).
3. Initial long position exit should be taken at/near $52.00. Further exit will be messaged in a subsequent update.
4. Protective sell stop should be placed at $47.50. The stop will be moved higher as the market continues to confirm.
David Williams
Issued: 02/02/2015
Solar city, SCTY:
1. During the week of Jan. 12 we noted that SolarCity would be in a ‘Buy’ position upon a weekly close above $47.50. Both the week of Jan.12 and the week of Jan. 20 closed above $47.50 indicating new long entry for a forecast advance and test/attempt at $52/$53 into the week of Feb. 2 (+/-1 week).
2. Today (Mon., Feb. 2) Solar city completed the forecast $52/$53 upside target due the week of Feb. 2 (today’s session high, $53.80).
3. Initial long position exit was taken at/near $52.00, noted in our previous report. Further exit should be taken at current prices (current price, $52.72).
4. Protective sell stop should be raised to $50.70. This stop will be moved higher as the market continues to confirm.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.