
Total Assets
Rate Of ReturnMy Investment Diary [Day 4] – Added AAOI and Trimmed GEV, Sandisk, Micron and AAOI
Action:
Added AAOI at average 115 at market open and trimmed AAOI at average 127, GEV at 850, Sandisk at 640, Micron at average 420.5.
Insights:
Still holding minimal core positions while adding to high cash position. Highly defensive in anticipation of market pullback.
GEV looks to be in a B wave rally. Decided to trim further into strength.
Sandisk and Micron ended its mini wave 4 and made its mini 5. Decided to take further profits on the positions entered earlier.
AAOI retreated into the bottom of the fourth wave of its bigger 3 and triggered queues placed at the 38.2 fourth wave extensions targeted for a re-entry. The 5th wave of the bigger third wave then brought price back up to the prior highs and made a new high but on weaker momentum and volume. Decided to close out positions in anticipation of a bigger wave 4 pullback.
@Bridge Buzz SG
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
