It has been a very very challenging week for me, too many work stuff requiring my attention too little time, been working late everynight. i wished i could have done more investment due diligence to pick up good quality counters where i dare to bet bigger .
Anyway I have increased the acceptable cumulative risk to x1.5 monthly savings. i will return the risk per transaction back to the norm.
Trades
Transaction
SIIC Env(350). Entered as one of the stock scans (here), i adjusted the SL, so that it is a meaningful entry.
Holdings
Fu Yu (200). Consolidating, wait for the breakout. I gave it a new expiry date, because the position is still looking good and had moved in the general direction of my interest. but if it were to sideway trade... i will not hesitate to exit this position to regain liquidity.
Jardine C&C (400). retesting the old resistance turned support. if it breaks lower ( revised trailing SL) i will exit. and if it continues to sideway trade, will also exit it to churn my capital.
Sunningdale tech (350). after a long way filling gap from the steep drop in Apr-May 2018, this counter is covering back. i expect resistance in the 1.7 band. so lets wait and see. Sunningdale has a bit of a legroom to continue running, so i will be holding on this counter.
ThaiBev (350). Gapped up and consolidating, waiting to ride the uptrend.
Wilmar (350) let the setup play out. right now i don't know if it is retesting the old resistance turn support or might break lower. so what i will do is to wait and see, since it has not expired and within my SL.
Ying Li (350). This is consolidating... will need to review whether to extend expiry date or exit it the following week. As of now i am inclined to hold it and way for the BIG BREAKOUT!
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