Sunday, I mentioned that I'm stalking Latexx for a breakout, and she did a high volume (6.31 million) and close at 2.01 (above 1.98).
So, a long position is initiated and first P=2.10, a break above this will complete the triangle projection at 2.27. Lets see she will give me a good 14.6% profit or not.
hi rei, would like to know where is your stop loss price? mine is 1.90. just for sharing purposes.
ReplyDeleteHi WenJune,
ReplyDelete1.890, though initially I planned for 1.91 but I decided to take the low where she started to rebound .
Rei, As the stock had been in the range of 1.89-1.91 these days, are you cutting loss already or waiting for a probable breakout in view of the current bullish KLCI sentiment. Thanks
Deletethanks for sharing. Happy CNY!
ReplyDeleteHi Anthony ，
ReplyDeleteWell for momentum play , follow strictly on the cut loss set , once she close below 1.89 , I will cut . In the meantime , I still waiting for her direction, though Im not so optimistic on her as before as market may have start weakening
Just a follow up comment, the Momentum play failed, she closes below 1.89, I just cut her off my portfolio on 15/Feb
ReplyDelete