My Investment Diary [Day 3] – Took profits on Sandisk, Micron and AAOI

Action: Sold Sandisk at 633, Micron at 409 and AAOI at 124. Still holding core positions while maintaining high cash position.

Insights: Sandisk and Micron are in a mini wave 3. Decided to take some profits on the positions entered earlier and ride the rest up.

Mini wave 4 might have started and may add on the pullback if price allows.

AAOI is in a huge third wave with big block transactions and shallow dips. However she has extended to the 200% of the mini wave 3 of the bigger wave 3 of an even bigger wave 3. So decided to take partial profit at the these levels in anticipation of a mini wave 4 pullback. If price allows, will add at the bottom of wave 4 to ride wave 5 up.

@Bridge Buzz SG

#MyInvestmentDiary

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