What do you say when the stuff you expected to see happening did not happen?
“Oh, somebody sold me another faked crystal ball!”
Did I just say that? Damn!
Well, even though today is a tepid small range up day; I’m definitely motivated to jump back in simply because today is not a down day I was expecting to see.
I bought back GLOG in $11.20ish; AMRN in the $13ish. CCJ back in the low $20; and SZYM around $12.30
Together with my LT equity investment, I am now 40% invested.
Below is the GLOG daily chart. There is a “possibility” of a runner here.
Below is the AMRN daily chart. This one looks more and more like a “definite” take over target. Beware of my bias lean on the word “definite”. I’ve a track record of being wrong.
Below is the 15m chart of CCJ. This is definitely bottom picking here; but my stop is close so it is now a low risk trade.
Below is the daily chart of SZYM. Another bottom-picking idea; however, I did not put a lot of money behind this bet. There seem to be some support in the low $12 area.
Happy Hunting!
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Sometimes what doesn’t happen is just as interesting, like the dog that didn’t bark in the night.
I see you are a fan of Sherlock Holmes. 🙂
indeud
Trading journal update:
Sold CCJ for a teeny losses. Flat on CCJ for now. Will watch for possible re-entry later.
Reduced AMRN position by half. Will watch for possible re-entry later.
No change on GLOG.
No change on SZYM.
CCJ is a little bitch! Fundies are there but can’t get a break! Flat on it on the Cdn side but I want out!!