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%

Friday, 8 February 2013

CapMallsAsia: Testing 50d SMA


CapMallsAsia testing the 50d SMA. Volume trend following price trend.

Outcome:
Did not take action as did not see the final buy signal.

Sunday, 3 February 2013

City Developments: Long entry at support of channel

Property counters sank on Monday 14 Jan after the government announced cooling measures.
Weekly chart shows price appears to be supported at confluence of uptrend channel support and 50w SMA.

Daily chart shows a Three Inside Up bullish reversal candlestick pattern.
The pattern is below the 10d EMA, and stochastic oscillator %D is below 20; this passes the candle pattern filtering.
Bullish candlestick pattern was supported by confluence of uptrend channel support and 200d SMA.
Opened a LONG position on City Developments on 17 Jan.

Saturday, 2 February 2013

Trades closed in January 2013

Procter n Gamble
10 Sep: Opened LONG at $68.26
29 Jan: Closed at $75.18
Note: Collected after-tax divided of $0.38905 per share in Oct 2012.
Profit $7.30905, 10.7%