Deep V

This has been a roller coaster ride forming a deep V pattern before the closing of the month of July.

I had decided to hold longer on the fundamentally and financially good company and finally it rebounced. What a relief.

The next question is how much longer should I hold before letting go some of it to take profit.

FED chairman is going to talk about his thought on possible rate cut before the US market closes today. If his speech is in favor for a rate cut in Sep, it will be a good signal for me to take partial profit.

Alarm set