Wednesday's Outcomes: HZNP, ADEP

I've closed my month-old bull position in HZNP for a profit after it gapped upward on news. See "HZNP: Bullish on arthritis and pain".

I analyzed ADEP but am putting off opening a position until a very short term correction completes its work. See "ADEP: Bullish on robots".

Reference

My trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here.

Disclaimer

Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.

No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decisions for his or her own account, and take responsibility for the consequences.