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!If you enjoy the content at iBankCoin, please follow us on Twitter