Morning all - Selamat Detang HLL/Wyon/Made/Ketut etc... Apa Kabar? How was it? How's Kuta??? Got to love Bali!
Yes last week was profitable, but not as good as it could of been. For me - when the market keeps rising like that I actually become less interested as the risk continues to rise. The direction becomes unclear and stop loses get actioned a little faster than they normally would. I guess it's the fear of losing what was a very good month in general.
I'm holding two fairly comfortable trades from Friday - namely CCC and WCU. The later is the main focus for me this week as the chart suggests that it can and should head quite quickly towards 40 cents. I picked up the oppies at 7.5 which I think was agood entry given the 25 cent strike. I bought some to pay and some to keep.
The other shares I'm really keen on THIS WEEK are:
1. OEX (24) - really broke that 18.5 barrier and just raced away 2. SRK (58) - I KNOW there is some manipulation going on to supress the price. It's almost blatant 3. POS (43) - Hell of a week last week and just one of those flying shares when it want to be 4. CUE hit 17 and bounced and hping for more of the same 5. SFR made another gloified announcement this morning 6. CNX held that 61 level and could be another BOW with target at $1+
Looks like a very quiet opening today regardless...