Aside from some gold stocks I added at the downside target areas a few other things went well this week.
JBLU was noted in NFTRH 547’s NFTRH+ Charts & Notes segment as “on watch” and was bought on the shaded bull flag per the Trade Log a while after. It then popped on earnings.
SNE was added for Japan exposure after taking profit on FANUY (which is back on watch). It went up. I was smart. It went down hard and I was a dumb ass. It went up hard and I am smart again.
IHI was bought for its smash down to the SMA 200 for reasons explained in this screenshot from NFTRH 548.
Here’s the progress so far. It appeared to be a great setup at they tossed out the Medical Device babies with the clouded bathwater because of fears of socialization of Pharmaceuticals and possibly insurance.
The week also included other good situations, a clunker or two, the usual risk management, balancing and whatnot. But the above were among the more pleasing situations.
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