Still had momentum today. I mostly just watched the market and while I was tempted to take profits on some of my positions such as SCC and PNB, I’m glad I didn’t, for the moment. Still following my plan of letting these 2 run in my favor and just put a trailing stop (or sell when a reversal candle forms).
Finally CMT and LND had some legs today. I think they’re ready for higher prices. CMT had high volume and nice price action. It closed a tad bit above the 200 day moving average. This is usually a good sign. Just holding this for now.
Was a nice closing action for LND, unserved buyers usually favors upward price action the next day or the succeeding days.
Added some DMC today and was hoping to add some more SCC towards the close but it was bid up all the way to 228 and I just decided to hold off on it.
Finally got bored with my position in APC and I just cut it at 0.72. I bought it at 0.75. No biggie.
LR continued its move up. I’m still holding and looking to add positions on any weakness.
No show - EDC
CMT, DMC, EDC, LND, LR, PNB, SCC