Sold ONT 114% Gain
I decided that 114% gain is enough and sold ONT in my retirement account. I think ONT is extremely overbought and will look for a pullback to get back into the stock. The trend isn’t done, but the stock has gone parabolic and needs to consolidate some of its major gains made in April. I purchased ONT on 3-7-07 at $1.24.
The ONT position I had in my trading account missed out on another 60% move fwiw. Nice trade for a month’s worth of work.
Related Posts
Leveraged ETFs, What Sucked Today
Doing my morning short flip. Today I flipped from being majority long the SP500 with split NDX and RUT minor positions to majority short NDX and some...
What Worked Today
Being long. The indexes still continue higher. The NDX had a late run that bumped up to new highs. I cashed out Friday morning, but went back in...
What Worked Today
Being short. I’m short the NDX and the RUT. The difference between the two was a slight profit. I’m expecting big things to happen...