Wednesday, 13 March 2013

CapMallsAsia: At uptrend support



Outcome:

13 Mar: Opened LONG @ $2.03
24 Oct: Closed @ $2.07
Note: XD on 2 May, paid dividend of $0.01625 on 20 May.
XD on 28 Aug, paid dividend of $0.0175 on 12 Sep.
Profit $0.07375, 3.6%

SATS: Inverted Hammer at confluence of support

 Weekly chart shows uptrend channel supported with 20w SMA.


 Daily chart shows uptrend channel supported with 100d SMA.

Inverted hammer with oversold stochastic oscillator.

Outcome:
13 Mar: Opened LONG at $2.95
23 May: Closed at $3.33
Reason for closing: Price had reached the top of the trend channel.
Profit $0.38, 12.9%

Monday, 4 March 2013

BanyanTree: Rebound off 100d SMA support

 Long-term chart shows that BanyanTree appears to be tracking the 100d SMA.
 
Short-term chart shows a rebound off the 100d SMA support.


Outcome:
4 Mar: Opened LONG at $0.67
28 May: Closed at $0.735
Note: XD on 6 May, paid divided of $0.00651 on 23 May.
Reason for closing: Price reached the top of the trend channel.
Profit $0.07151, 10.7%