Saturday, 6 August 2016

[Review] Positions entered

Position Entered
China Aviation: Break out play
Bestworld: Breakout


Charts
China aviation was called in my potential breakout Vol #4, the consolidation and the breakout matched the setup i was exactly looking for. together with the nice MACD turning up. looking at holding this guy for a a couple of weeks to extract some profits.



Bestworld reported record earnings and also super CD of 1 bonus share for every 4 share, that means it is giving out a 25% dividend and the 2c cash. in total, looking at it hitting around $2 before letting it go. already in the money when i entered early, hoping to ride this MLM up. will use below the resistance as a natural SL. then when it climbs higher, will use a higher timeframe SMA as a trailing SL to lock in profits




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