Shares & Derivatives
Valuetronics – You can ride on a cycle with ABC Wave Pattern
By Wealth Directions  •  January 27, 2015
I want to share the benefit I got by using ABC Wave Pattern Analysis. Valuetronics (BN2.SI) Fundamentally, the company in a great shape. It has been giving dividend for the past 5 years. Those who bought at 20 cents enjoying about 10% per year. I bought it in May 2014 at $0.32 and sold it averaged around $0.54 in July. Some reasons on selling (see the chart below): Firstly, it has passed the min target (C.min black color) of $0.44. Secondly, it run up too fast and furious. See the price movement is way above its 200d MA.  This is another indicator I used. Though 200dMA is laggard, but combined with ABC pattern analysis, I can optimise the profit. I say optimise, not taking the most at the top, which is impossible for me to do… I told my friend who recommend this stock on ......
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By Wealth Directions
With the mission to help 1 Million Millionaires, Wealth Directions Pte Ltd aims to be the leading provider of Financial Education in Singapore and the region. We do not want to be just another seminar provider, but help create a closely-knitted community of like-minded people, who are interested in continuous Personal Development and learning, who believe in improving themselves in order to contribute back to the society at large.
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