Wednesday 24 October 2012

CMMT target achieved !

Last week on Monday when she broke 1.80, she closes at 1.81 but with low volume, then I thought the
signal that I have mentioned on 13Oct will not turn true so quickly. Indeed she took around 1.5 week to
acheived my target of 1.93 and even high at 1.98 near my 2nd profit target of RM2. From my purchase
price of RM1.60 to RM1.93 is a 20% profit for a 3 months time frame. Hmmm...after seeing the time
frame, some may think is too long for them. For my standard,  VI timeframe is expected to be longer, from 1  week to ?(I yet to decide). I used to keep some stock for more than 5 years but since I've learn TA especially trend trading, I do not have the patience for 5 years. Err...maybe Sunreit I would keep this long, lets see. For MP will be 3 days ~ 6 week play.

Well, what a momentum on the last hour :)

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