Shares & Derivatives
Sold NOL Round 1
By Fortes Fortuna Adiuvat  •  May 8, 2011
Sold NOL Round 1, net loss -4.23% Sold this counter few days ago but posted late due to obligations from school. Sold this counter due to the fact that it has gone below my cut loss limit of $1.88. I wouldn't say I've rushed into this counter as this counter was under my radar for sometime. However, I've mistaken the direction of the general market in regards to STI. I initially mentioned that STI was potentially on an uptrend as uptrend charts usually portray prices bouncing off the value zone and the top envelope. Unfortunately, I missed out the fact that there was a bullish run up for the past 2 weeks, allowing the histogram to push itself to the pinnacle where it was only last seen one year ago. Secondly, I was successful in the previous 2 trades on IndoAgri and Noble Group as I traded with ......
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By Fortes Fortuna Adiuvat
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