New high USD 10k

New high for USD account.
Previously I had 10k SGD profit.
Now the profit is USD 10k.
Even though it may be temporary.
But this should be my first time enjoying a bull ride.
Need to scan through and absorb how did the previous few bull runs ended.
The profit mainly came from Tesla, around USD 3k.
May look to liquidate a little when it reaches close to price 500.
Same for some other stocks too.

Liquid liquid Tesla

Tesla has popped upwards again

It is close to the highest resistant zone (since induction), 

and I released another 2 shares @373.91

I am left with 16 Tesla shares to enjoy the market rally

Also has 6 Goog which is also enjoying the bull run well

All the shares I am holding is very green today

Led by Tesla which is up around 5% now

Too bad my desktop TD Ameritrade is not working now

And lucky I can still use my phone to sell shares

I am satisfied with my cash holding in that USD account now

currently sitting at around US$8.7k.

 

Obvious rule missed (Tesla sale)

2 post ago I wrote about selling Tesla due to a bearish pin
I missed out on one important point
that goes together with the candle stick action
which is the overall trend have to be bearish

the logic that was widely used is that when it is a bearish trend (SMA 200)
when the price rises back to a resistant zone
and bearish pin appears
then it is a signal to sell

but nevertheless, it may not be so bad
that I liquidate more profits during this bullish period

ALLY, end of story

ALLY is my last share when I was dabbling with trading (
using moving averages)I am quite clueless about what the company is about
generally the entire foray was lost making
last trade was not
but it also cannot be considered a win
closed it earlier than my target price
which was around 33
why did I close it?
Because after a long time
a new resistant zone (around 32.3) was formed
the price surged close to the new resistant zone
so I decided to close it

currently the entire US market is surging upwards
it may be a time to consider taking some profit off the table first

Cashed some Tesla

Had 20 shares of Tesla
Initially wanted to cash in 2 shares when it reached the highest resistant at 375
but cashed them at 350 today
why?

Because there is a bearish pin (above).
I am not too big on candlestick indicators
but this may be a good excuse for me to hold more cash
I will liquidate 2 more when it hits around 375,
keeping myself 16 shares until further actions.

Currently I have made S$10k profit from my US account, amounting to around US$36k
I will still find opportunities to cash in on profits,
maybe Google, when it reaches close to 1400.
but I am mindful at the same time
that these are great companies to hold for a long time

so it is a balance between taking profits when it is high (resistant zone)
and keeping some for the long term
and also buying back when they head to support zones.