Ginseng chiong ah!
Reported good results couple of days ago and seems to have broken out of the inverted head and shoulders with high vol!
Clear of all MAs and the neckline
Cleared the 100weekly ma at 67c which posed a problem yesterday.
Cleared all monthly MA with MACD crossing over!
Looks good and wondering if it will last. :s12:
Vested yesterday at 66c
Wondering too long whether to buy Yang Sang when it was below 70 cents. Well, that is the rules of investing. Sometimes it pays to wait and sometimes not. Cheers.
ReplyDeleteOn a bigger note... if you are an investor, I believe this announcement is very good for the company.
DeleteNo harm collecting some with your spare cash since TCM will be here for a long time and at this price, the yield is still pretty reasonable for a growth company at 2.6%
Thanks... I rode the first big move up.... and the volume softened so I contra and sold at 69c....
ReplyDelete2 days later the burst of volume came and the announcement arrived at 11am+
What a waste... but I'm still very glad for profits
Ha...ha..trading had never been easy. To be frank, had given up trading as I am often not strong enough emotionally to cut losses and let the profit run. I prefer investing for dividend nowadays as it is much simpler concept. Anyway, congratulations for making a profitable trade.
ReplyDelete