12/5/16 Trading Stocks
1. LCTH (5092)
Entry : 0.685
TP1 : 0.73
TP2 : 0.785
Stop : 0.665
2. Wzsatu (7245)
Entry : 1.02
Tp1 : 1.08
TP2 : 1.16
Stop : 0.985
3. Leesk (8079)
Entry : 0.305
Tp1 : 0.32
TP2 : 0.335
Stop : 0.295
12/5/16 Trading Stocks
1. LCTH (5092)
Entry : 0.685
TP1 : 0.73
TP2 : 0.785
Stop : 0.665
2. Wzsatu (7245)
Entry : 1.02
Tp1 : 1.08
TP2 : 1.16
Stop : 0.985
3. Leesk (8079)
Entry : 0.305
Tp1 : 0.32
TP2 : 0.335
Stop : 0.295
As HIL is my major funds allocated stock, and now I need to trim down the size to minimise the impact from poor performance from HIL.
As HIL financial performance out of my expectation and only proposed 1.5 sen dividend, therefore I need to switch some funds to LCTH which has better financial performance and 3 sen dividend proposed.
Nevertheless LCTH and HIL still turtle moving. Both of them need a "plastic surgery" to make the price and the trend pretty.
My favourite HIL today see a small rebound but will low volume. Still not look good.
Remind myself, value investing need a very strong patience. That's is my rule 3 - profit from patience.
3 stocks have about similar business: Plastic moulding injection
LTCH trend is moving with perfect uptrend line. I guessed price of LCTH will soon overtake HIL. WAVE 2 stage.
GESHEN movement is very aggressive type. WAVE 3 stage.
HIL movement is...sigh...not clear uptrend line, and can see the 1.00 barrier is very strong. WAVE 1.