SOLD 1/2 BNK.TO $3.35
SOLD 1/2 WTN.TO $3.28
BUY CIEN $12.30
SOLD XTXI $3.86
SHORT RHINO $12.95

TSX closed positive today while the US markets rallied late in the day but still closed slightly negative.

I sold 1/2 positions in both BNK.TO and WTN.TO as I had huge gains in both of these names.

CIEN broke out yesterday with really good volume and had a small pullback today, so I picked some up. The former resistance level of $12 will provide good support and I have my stop just below that point so this entry provides good risk/reward.

I sold my position in XTXI as it seems like it isn't doing too much and also broke below the 50 day MA. I will keep on my watch list as the 100 day MA looks to be crossing the 200 day MA in the next few days, which is bullish.

RHINO has been on a very nice run lately but I think the uptrend is over as it gapped down earlier in the week on heavy selling volume. It has formed a nice short term bear flag this week and today broke out of that flag with good volume. I'm looking for this to fall down to the 50 day MA which is at around $11.15 right now.

Portfolio update:

ARM +2%
BNK.TO +71%
BZ +10%
CIEN +2%
CWTR +1.6%
KOG -3%
QEC.TO +8%
RAD +9%
SD +18%
SGY +9%
STAR -2%
THC +8%
TTWO -1%
WRES +5%
WTN.TO +4%