Market was basically neutral all day despite it was up 17 points for the day. Again, it was trading inside its 30 min. opening range all day with a short break below the lower range but recovered back inside the range by end of day.
The only trades I made today was to add to $ONVO when it took out yesterday high and then sold all my shares when it bounced back down after passing $8.00 to lock in profit. I was looking to see if I could buy it back from a correction. However, by end of day, $ONVO made a last few minutes dash back to the $7.9x. If price break out of $8 tomorrow, I may look to buy back in.
I also reduced my position on $BIOD after I reminded myself this trade is a gambling bet waiting on trial result; therefore, I should control myself from adding to my position when price goes up.
I also bought back some $CERS today since price action was holding well. Will add tomorrow if price continues higher.
LRAD did well so today, so together with my gain on $ONVO, my portfolio continues to trek onward.
LRAD, INO, CLIR, ATRS, AMRN, BIOD, CERS and 40% cash.
Categories: Daily trading Journal