i) Triggered SL, sold Sino Grandness at 70.5c, pocket 7% profits
ii) Bought in Shengshiong 89.5c, holding now price 88c
iii) Bought Yoma Strategic 56c, now 59c, holding
Sino grandness: stop-loss triggered at 71c, sold at 70.5c bagged profits of 7%. this shows importance of trailing stop-loss as a method to preserve our profits that has been earned through uptrending trading. learnt it from my GLP trade. cannot reiterate anymore. will look out for up trend for re-entry, meanwhile keeping out in case of a serious drop.
Sheng shiong: Bought SS as a I spotted a bullish breakout at 89.5c, however, currently the trend plays out the other way round. holding out for another 3 weeks as i see an accumulation occurring. set a SL at 86c, don't think it will be triggered (i hope), looking for a trend reversal soon, so i can get some profits!
Yoma Strategic: Bought Yoma at 56c on breakup, current price of 59c presents a 5.3% increase. it tested 60 2 consecutive days, will see if it tries to break 60c on Monday, if it does and stays above 60c, i will hold onto it a bit longer to try to "win more", otherwise will sell off to liquidate the position. need to remember that the more it tries to test and fails, the weakens the pressure to buy, as it means that buyers idea that it would burst 60c is reinforced.
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