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%

Saturday, 1 December 2012

Trades closed in November 2012

ComfortDelGro
1 Oct: Opened LONG $1.700
12 Nov: Closed at $1.595
Loss $0.105, 6.2%

Esprit Holdings
5 Mar: Opened LONG at $19.00
14 Novl: Closed at $10.66
Loss $8.34, 43.9%

Monday, 1 October 2012

Trades closed in September 2012

UOB
1 Aug: Opened SHORT at $19.79
14 Sep: Covered at $19.14
Note: XD on 30 Aug, dividend of $0.20
Profit $0.45, 2.3% 

SPDR Financial (XLF)
12 Apr: Opened LONG at $15.30
20 Sep: Closed at $15.88
Note: Collected divided of $0.04663 per share in Jun.
Profit $0.62663, 4.1%