[Review] Volume #8 many misses!

Summary

6 out of 7 calls SL-ed
i need to review my evaluation and spread my risks, getting into 1 or max of 2 counters at any time! to prevent myself from taking too many losses!



Charts

 GCCP. the price dipped too strongly downwards. hoever the buy volume in this counter overall is quite strong still. but better to not risk it still, so cut off



China Aviation. The prices are touching support again, and with MACD tapering into negative territory, i am not very certain to continue this play, it will likely be a down trending or a hovering counter, so better to close position first since it has proven to invalidate the earlier forecast.



Cogent. the price is resting on the dynamic support, but looking at the MACD, I'm not so certain to hold on to it as it points downwards, so better to lose less than risk it.


Hyflux. as with reversal plays that need to tread lightly, you can see the dynamic resistant line in play for this counter even with the strong buy volume! cut off first talk later in this case again.


Midas. for a counter that is trading so low already( close to 20c), it would have been a reversal play. but this was not sustained, and the dynamic resistant was in action too!

SATS. looked like a strong up trend counter, but there was a married deal at $4.75+ that caused a gap down. so the counter is right now hovering again... better cut off!





Sheng Siong. this familiar household name, is consolidating upwards as we speak. with its increasing dividends, it can be held onto even if it is hovering! but generally likely to increase!