NOC showing very nice VCP characteristics, tight stop

1 jun 2022

Entry with a super tight stop close to the danger point of making an outside day. A tight stop and the liquidity of this stock gives the opportunity to go bigger on size.

Avg Cost: 461.06
Bought: 18K
Risk: 150 USDs
Risk: .92%

2 jun 2022

Operación cerrada: precio stop alcanzado

Stopped with a small loss.

3 jun 2022

Operación activa

Bought again after I got shaken out with a small loss. Shakeouts can be very constructive. Sometimes you don't need to buy the cheap price but the right price.
New Avg Price: 468.23
Stop: 449.65
Today its breaking out nicely from a key resistance area.
Bought 8K, my overall exposure is now 22.5%.
Even though the market is correcting today, my portfolio and my stocks are acting ok.
Still not going crazy aggressive but adding up exposure slowly taking feedback from my style and stock selection. Bill O Neil had a reputation of buying stocks several times until it had it right. You can afford to do that when you keep your losses small.

8 jun 2022

Operación cerrada manualmente

Many of my positions acted very poorly today and been getting stopped out. Had to sell many positions today to finance the hits the portfolio has been taking. Seeing a change of character on breakouts. Only Oil, Gas and Commodities working fine. Exited @481.16