Quickie turnaround — (BZQ, QLD)
Family emergencies have kept me from posting much, or trading much, or studying much, but this morning with oversold readings flashing, i changed my positions:
I sold my 400 shares of BZQ (short-Brazil) for $25.05. This made a profit of $500 before commissions on this trade.
I then immediately bought 200 shares of QLD, as the “go to” trade’s buy signal of RSI (5) was under 30. These were purchased for $56.50.
I will keep you posted as time allows.
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