Dale Rex Doust @Trex8u247: "Good day everyone Here is an..."

South Africa

Good day everyone Here is an update on the portfolio. As you may have seen, we have closed $NFLX (Netflix, Inc.) with a positive position. Now we just need to wait for the market to change its trend fully so we can close off the other positions too. Current trades open - ( BUY ) $AAPL (Apple), $AMZN (Amazon.com Inc), $GOOG (Alphabet), $MA (Mastercard), $SPX500 (SPX500 Index (Non Expiry)), $SSO (Proshares Ultra S&P 500 ) ( SELL ) $AAPL (Apple), $AMZN (Amazon.com Inc), $GOOG (Alphabet), $MA (Mastercard), $SPX500 (SPX500 Index (Non Expiry)), $SSO (Proshares Ultra S&P 500 ) ( ORDERS ) - Quick recap: $AAPL (Apple) - We can see the chart has climbed back up to test the resistance level around (211.93) $AMZN (Amazon.com Inc) - It did test the resistance level ( 187.70 ), the level held tight, and we are seeing the price bounce lower. Will have to wait for a retest $GOOG (Alphabet) - The price did break ( 164.46 ) but did not hold when it was tested for support, so we will see a price drop before a retest $MA (Mastercard) - Price is sitting above a resistance level ( 522.15 ), which has not been tested as a new support level yet. If we see a new higher high, we can look at removing the hedge on this trade. $SPX500 (SPX500 Index (Non Expiry)) - Sitting under a resistance level ( 5561.51 ), there is a small higher high but no supporting movement yet, so I will have to wait a bit. $SSO (Proshares Ultra S&P 500 ) - got to wait for it to reach the level ( 81.42 ) so that it can test the resistance. We are now in the battlefield zone of a hedging trade. Both the Buy and Sell are in the Red. This won't stay like this for every so you've got to wait and make sure when we drop a trade, it's the right one. As always Feel free to ask me questions. Regards Dale