Well, looks like the market has finally taking a breather as it closed by only 5 points up from yesterday's session.
I was basically watching GMAP the whole time, as I was waiting for it to break 7.35 and cut loss. Luckily it held at 7.35 so I just held on to my position. If I followed my original trading plan here, I could have gotten in today with minimal risk. Anyway, it closed today with a tweezer bottom so I am expecting it to head back up again. I'll cut instead if it goes the other way around.
MEG didn't do much today as it closed at 2.32, .01 centavo lower from yesterday. I am still expecting it to go lower in the next few days.
AT closed with a very ugly shooting star pattern today. Immediate support at 13.26.
FGEN continued to move up as it made a gap today. I'm expecting it to move up again before making a correction.
Hopefully, my candlestick reading today for both position is correct.
Month 2 Day 3
Sitting on a 12% net paper loss from both positions.
