SILC stopped out

Today, also Silicom (SILC) stopped out and was sold at USD 11.6001, with a loss of 8.6% in 5 days.

The high of USD 13.14 on Friday had given an activation price of USD 11.826 on my 10% trailing stop.

Bought Silicom

My order to buy Silicom (SILC) at the open was executed at USD 12.69 .

I place a trailing stop at 10%

Silicom:placing buy order

Silicom (SILC) gave me the expected buy signal yesterday, closing at USD 12.54, and I have now placed an order to buy at market at the open today.

I place a trailing stop at 10%

Evaluating Silicom

Silicom (SILC) yesterday closed the gap-up created on 28 January 2008 and the price has been on the rise since the open this morning. This stock could become a candidate to buy at the open tomorrow.

Evaluating Silicom

After I sold Silicom (SILC) on 4 February 2008 the price moved sideways and in the last few days dropped. I plan to keep an eye on it for a possible new purchase.

Sold Silicom

I watched Silicom (SILC) on a 15-minute chart and after 13.30 h EST placed a stop order at USD 16.58. This got executed at 14.02 h partially at USD 16.50 and the remainder at USD 16.56, average USD 16.54. Profit 18.5% in 81 days.

Analysing SILC

The price of Silicom (SILC) touched the resistance line on Friday at USD 15.23. If it breaks through it today my limit of USD 15.50 may be too low and therefore I now cancel it.

SILC: sell limit

The price of Silicom (SILC) does not seem to go anywhere fast but I now place a sell order with a limit of USD 15.50

Bought Silicom

My buy order for Silicom (SILC) got executed at USD 13.96

Buy order for Silicom

The trendline gave a buy signal for Silicom (SILC) on Tuesday and stochastic confirmed it. I now place and order to buy SILC at market at the open on 15 November.

Analising Silicom

The trend line gave a buy signal two days ago but I do not trust it. After breaking through the resistance at USD 17.00 it may want to test the next restistance at USD 12.10. Worth watching, at any rate.

Sold SILC

I sell SILC at USD 24.629, with a gain of 22.5% in 72 days.

SILC: stop-loss order

I set a trigger at USD 21.70 to activate a stop market order at USD 21.60

SILC: what others say

I saw this chart on an Internet forum today, posted after the close on 11 July, with the following comment:

"SILC has closed at the top of the day, marking the downtrend resistance line. All it needs now is to break it up close up there. The volume is above average today. Good thing."

The analyst WR Hambrecht sees the price tarket at USD 25.00, based on 24x their 2008 EPS estimate of $1.05

SILC will announce earnings on Monday morning, 23 July. While it is generally considered risky to hold a stock through earnings, this may be an exception. For the time being, I place a limit sell order at USD 25.00

Evaluating SILC

I see a possible resistance for SILC at USD 23.79, the high on 5 July.

Bought SILC

My buy order for SILC gets executed at USD 20.11

Buy order for SILC

The buy signal for SILC came two days ago, on 27 June, when it closed above the trendline, and stochastic confirmed the buy signal. I should have bought it at the open on Thursday, at USD 19.55, but I failed to watch it.

I now place an order to buy it on NASDAQ on Monday with a limit of USD 20.11, which is Friday's close.

Watching SILC

I lost on SILC when I sold it ten days ago, but I am thinking of buying it again if it breaks out through the trendline. Just have to remember to watch it every day.

Sold SILC

SILC stops out at USD 18.88. Loss of 8.3% after 27 days.

Stop-loss for SILC

The price of SILC is not going up the way I had hoped and I now set a stop-loss trigger at USD 18.90