Thoughts
Not much feelings this week, just that did not catch anything fruitful. need to review holdings.
Transactions
AEM. Bought for capital gains (scale-up). there is a small ascending triangle, maybe i should have waited for a confirmation... but anyway i am still in this position. lets see how it pans out. right now still consolidating. but of course i have a SL to protect my profits.
Raffles medical. Bought for capital gains on reversal. though it is a planned trade, i think i entered in a zone which has a number of resistance, besides the 1.17 resistance there is also the 1.2.... But anyway will let the position play out for 3-4weeks before i exit to regain liquidity.
Holdings
Heeton. This is based on mostly chart pattern of "cup and handle" with some "FA" on its forward PE and NAV (see initiating post). looking back it has been 3weeks or so, so next week can exit on thursday/Friday if there is no move. currently the volume is very small, so i may have entered on the "sleeping"mode period.
UOL. Currently consolidating just below the 50MA trendline....I assess this to be a build-up, and it is likely to break above it to trend higher. so need to ride this position. lets review the position again soon.
UMS. Still holding to ride the trend. though there is a set-up, not going to scale-up because my gains on this is only 6.7% only, so haven't hit my criteria yet. need to play by rules.*reminder*
Hi! reader of your blog. i also bought some AEM at$2.67..whats ur entry price?
ReplyDeletehello, i been buying since 2.95... last yr ard mid Dec. avg up along the way. currently slightly more than 5 avg cost did u avg up?
ReplyDeleteThanks for your reply! opps..i realized i have a typo..i just added 1 lot at $7.67 last week. realized its too high now as it is going down now. sold the rest that i bought at $4. r your $5 average cost good.
ReplyDeletewell it avg cost wil b any 5 too.lol
ReplyDeletefor me it's still considered up trend