Saturday, 9 June 2018

[weekly review] ww23 2018

Thoughts
My JC friend shared with me about this video by an ex-goldmansach trader (here). The link i put is just a small part of a longer "interview", which in my opinion, is a sales pitch for people to sign up his course. But anyway move it to 11min, the key message was :
  • If you are above average, don't be too attached to being "above average" and stay on at the job.
  • Stay true to your personal interest, learn what you need to from the job, then move on and accomplish what you initially wanted 
This really left a lot of food for thought over the week end...

* you can speed up video playback for youtube (dunno when they included it).. can use it to save time.



Transactions


DBS. SOLD. Exited as per last week (here). In fact  i had some hesitation on friday, because it did not really break a support nor did it "expire". However I eventually exited this position, because: i) the initial chart pattern did not play out, ii) existing chart pattern looks like a bearish breakdown happening soon.

eg of my hesitation



Holdings
China Sunsine. okay to keep, while it had not hit the TP, but it is bullish in my opinion.


Comfort Delgro. will observe. though friday's candlestick was a big bodied one, the volume was rather weak. I am guessing that it is the BBs pushing the price down... however will exit if price hits red line.


CSE Global. Okay to keep, still accumulating. can enter when there is a breakout. i moved to this part of the chart, because the huge volume earlier had made it difficult to check out and compare the volume... Anyway the "expiry" is near. CSE global is doing good.. i will find for a breakout to make a scale up!

Japfa. Panning out well, okay to keep. hopefully the counter will allow me to scale up somemore.


Sabana REIT. okay to keep, wait for breakout. retrospectively thinking (see previous week post here), might have entered pre-maturely.


Sino Grandness. okay to keep and wait for next spike up.



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