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Traded QTM for AGEN In IRA

Started by StockRake · 9 months ago

Took a 3.75% gain in QTM and swapped it for AGEN. Bringing on some risk, but the chart looks like it wants to go higher..
Posting charts in a few minutes.
Longer term Weekly Agen Chart:

Current Agen Weekly Chart:




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2 comments

  • Good call on QTM. I waited and the dip hit me. I hope to see it rise so I can some money and cash out.

    Keep up the good calls!!!
  • Thanks...I just checked my watchlist and AGEN was the best performer after the reversal. It was nowhere near the top during the day.

    I still believe QTM is an excellent buy though. Looking for a pullback in the stock to 3.6 zone which is about a 50% retracement on the fibos.

    I should also say that I kept it in some accounts and only sold it for AGEN in my retirement account.

    QTM is cheap fundamentally and when tech decides to actually take off (it really hasn't been a tech rally, but more of an emerging market/software/internet), then QTM will participate bigtime.

    Storage is hot.

    Thanks for the comment KB.

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