Friday 6 June 2014

UOADEV update

Yesterday, I sold my UOADEV at 2.20. I'm still holding half of it. My take profit point was any thing drops below my Trend line WMA20 at 2.10. Im supposed to let go immediately if I were to follow my initially rule. I changed a bit and decided to take profit when she rebounded back to its  1st resistant at 2.20 . Technically , she did a come back and did not break her weekly uptrend.  I decided to let half go due to her latest q results was droppings by half compare to last q.



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