Saturday, 29 October 2016

[review] of trading portfolio

Foreword
The last week has been a quiet one for me as i just let the counters run its course.I did not want to actively "monitor" the counters because it just too tiring and emotionally engaging. which would defeat the purpose of me trading for to grow capital for income assets.

Counters


Boustead. Seems to be hovering, and with MACD downtrending, it should at best be a hovering. i want to exit the counter and take profits of 10%

Yoma. hovering and convergence of the MAs, waiting for the break-out trade as it has been holding for some time, hoping that it breakout above 64c then 68c!

Yuuzoo. this friday trade experience surge of volume and  and surge in price, i saw somewhere that they have bought over some content maker, pending approval of authorities. hence maybe a "good" news is waiting to be announced formally. lets see how it pends, will exit at resistance points.



MM2 ASIA. not so good going for me as my entry point was at 47c, should have exited it quickly (on contra) and extract that few hundred dollars of profits. but looking at it, i'm observing to see if price dips into SMA20, or will it be supported.... and subsequently move upwards.

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