Borg Stocks and Trailing Stops

Last year it was PWR, MET, and AAI

This Year it's LMG, MAKE and APM!

Don't you just love BORG stocks?

For those of you who don't know about the Borg from the Star Trek Series, 

Well.. Borgs are the merciless living nightmares of the vast galaxy that either assimilates 

or destroys any sentient race in its path.

And the Borg's favorite pickup line?

Yes. Once the Borg Collective makes a move, resistance will be like a hot knife through butter.

Borg Stocks are just like that. 

They usually manifest themselves after a breakout from an ATH (All Time High) Resistance or a Multi Year Resistance. They make gaps as they go through the days, and even defy the natural laws of the RSI Gravity.

The catalyst for this phenomenon is usually unknown especially during the rise.

So how do we play with these bad ass stocks?

Buy on Breakout and Set Trailing Stops.

I don't know about you but this works for me. 
There are many ways to set trailing stops. 
Find that which suits your trading style best.

APM Chart

APM Chart 10.8.2012

APM Chart 10.9.2012

Be sure to SELL when your stop is hit.

Trust me... You don't want to be holding a dead Borg.

What if?

It has been a while since my last post. I've been busy lately. "Vacation mode" as some people say.

But i still MAKE time to check on the markets.

Here's a little treat for you guys. 

(You better load up for next week.)

Don't you just love snacking on CHIcharon?

Oh and before I forget, here's a little thought that has been tickling my mind recently.

(Click Image to Enlarge)

MAKE made a clear breakout from its descending channel 3 days ago.

RSI currently at the 60's

You do know what happened to PWR after it broke out from PISO right? 

Hmmmm... Maybe I'm just thinking too much. Anything can happen here. 

Chart Updated: 4/30/2012

How about you? What MAKEs your day?

(Chart update 5.4.2012)

(Chart update 5.11.2012)

Won't recommend a buy at these levels. 
But interesting.. WWJD? - What Would Jockeys Do? Hihihihi
I hope they damn the RSI and just push it up to the 40s!