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| Saturday, October 07, 2006 |
| Cosco Corp 21st September 2006 (Updated) |
Cosco Corp is showing an uptrend. It also broke through the resistance level of $1.60. A sudden surge in price will be observed.
Bought on 21st September 2006 at $1.66. Should have waited till $1.60. However, I still decided to get at this price as I forsee a surge in price to $1.83 in the next month.
As observed from the graph, The accelerated surge will lose its "speed" and maybe recover at a $1.69 to $1.70 range. The signs from the volume traded also show signals of an upcoming bear trend.
Last updated 7th October 2006
Status: Buy at $1.70
Target: Sell at $1.80-$1.82
************************ Last Update on 5th Octover 2006 ****************************
Sold on 5th October 2006 at $1.79.
Decided to pull out as I doubt the price will break through the $1.80 mark.
Manage to get returns of 7.2% in 15 days.
***********************************************************************************Labels: CoscoCorp |
posted by Nenix @ 4:45 PM   |
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| NenixDreams Fund |
| Fund launchprice on 1st August 2006= $1
Target for 2007 = Beat STI index
Current price of NDF as of 1st Oct 2007 = $1.58
Current price of STI as of 1st Oct 2007 = $1.54
Difference with STI index is 0.04
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