Saturday, August 16, 2014

Penang Trip's talk

Morning ... so, travelling to Penang next weekend is confirmed. I have to postpone/cancel some of my tuition classes for that.


I will focus in talking about BREAKOUT as it is the current trend. If one could catch a breakout, that will be great and easily cover the small fees I am charging.



LBAlum : I discussed this during e-meeting on Monday(11th) and posted it to the stock-watch group on Wed(13th) morning as it started to move ... some just grabbed at 74-76cents, but I would rather wait for breakout.


LBAlum : Catching her at 80cents or below is not easy ... it was at 78cents when many in our group alerting it. I was checking on the volumes ... and it shot up very fast to 80cents, I just grabbed the market price. As some sold around 85, I grabbed more at 82-83, actually. I was waiting for closing, and sold half at 87cents. Still keep half ... next week above 90cents? If it is not a good candle-forming on Monday, I will out. Yes, short-term trading carries high RISK. So, do mange that and the emotion ... it should be ok.

So, I will be talking about "breakout" ... and some of the breakout-play I have taken recently ... example, Inari, PMetal .. to the recent Silkhld, Seacera...terday's LBAlum. SMRT still failing to breakout to new high tho I have traded her during 74cents breakout. Now ... we are checking 92cents breakout. Wait.

I need to book a place in Penang, and I will need to know how many is coming by Wednesday. So, those wish to join my Penang's talk ... contact me at cpteh@yahoo.com

Many more breakouts in the making. Do not miss them.

have a nice weekend.

TEH


1 comment:

SwingTrader188 said...

Interesting breakout trading strategy.