02Apr1:25 pmEST

Closing Out Two Modest Wins; Chess Moves

While not too dramatic, the short biotech trades I put on this week did the trick. 

Into the long weekend, I will flatten out and potentially look to hop back in next week, if the situation is correct. 

Thus, I sold the remainder of my BIS long (ultra-short biotech sector ETF) just above $35 from my $34.11 entry to lock in the rest of that win. 

I also covered the rest of my GILD short at $98.95 from my core $100.46 entry and 98.92 add. 

To be sure, combining these shorts with my JUNO long win in the week was a nice blend of staying flexible within the biotech sector. 

But into the long weekend I am going to stand aside and look for fresh entries next week, on either side of the tape. 

A Holy Chart Into a Holy Wee... On the Lookout for Sloppy Se...

 
BackToTop
 

This website is intended for educational purposes only. | © 2017 MarketChess.com | All Rights Reserved | Website design by Saco Design | Superpowered by Site Avenger

mobile site | full site