OCT 10 Midday Sold Partial position in APT, liberal stop set on the rest .
I dont usually post my “Sells” , I leave it to the reader to trade at their own risk / reward formula. I just wanted to point out that THIS is now extended 150% above the 50sma, since it went up over 100% in just this week. It is possible that It may just go sideways for a while and allow moving averages to catch up ( like VIMC did when I sold that), but taking some money off of the table is usually wise here.
Yes – VIMC has dropped & moved sideways to the 13 & the 20sma in the past couple of weeks, holding up well. It is actually there now, so it’s even a tad higher now than where I sold it! Holding may have been ok for that one , but who can tell? locking in at least partial profits is prudent when they get this overdone. Look at DGLY , for example.
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