Wednesday, 30 July 2008

Straits Asia

Bought some Straits Asia shares today. The chart looks okay with possible triple divergence and MACD cutting up. Once the parabolic is triggered, it should head towards the 280-300 mark.

Portfolio Update

Ferrochina - Sold my Ferrochina when market opens today around 137. Enough for me as it approachs the 140 resistance. Bought at 128 region.

China Sky - Sold everything at 82 cents today. Tired of the low volume and waiting for the 'breakout'. I may live to regret this later. :P

Sinotech Fibre - Exit at 56 cents today with loss of commission. Tired of waiting and search for better looking charts.
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