Sold $CGA, $CAPR; Re-bought $GNCA

Booked gains in both $CAPR and $CGA. Sold $CAPR too soon (boredom exit) before the strong volume day but still booked about $3.5K in gains.

Had a lot of conviction on $CGA chart and thesis so used those funds to scale in additional $CGA shares. This is a thin Chinese name so the risk of building a larger position was not lost on me. Chart worked out nicely and sold the entire position for a $7.5K gain. If this holds $3.70 area next week, this could have legs. I’d have left partial position in there for a day 2 but given that breakout was on Friday, I decided to exit. Didn’t want to hold through the weekend risking any negative news on US-China trade deal.

Current Positions

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Did buy a small position in $FAMI which is in the same China ag sector for continued China exposure into next week. Don’t know much about the company but chart looked right to me for an entry.

Also re-bought $GNCA for another swing to $2.50-$3 levels from here. Really liking both daily and weekly charts. The trick here will be to be patient and not get shaken out.

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