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| Saturday, October 28, 2006 |
| NOL 15th Oct 2006 (updated) |
 Consideration Posting
NOL fulfils all my screening requirements. Meant to be a short to middle term investment. As this chart is zoomed in, you cant see its longer term trends. It is increasing steadily too.
1) Long term trend on the rise
2) PVT shows increasing activity.
3) Price trend is going upwards in the short run.
Note that however, NOL will be falling in the next few days. (Maybe from 16th to 18th) but it will linger around the support line at $2.06.
Status: Buy at a price no more than $2.06. ($2.03 will be the ideal price though)
Target: Short term target at $2.19. Will Reasses at later date
Pull out: No less than $2.00
Confidence of success: 60%
***************************Updated 19th Oct 2006 ******************************
Status: Cancel wait
This is due to my lack of funds
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****************************Updated 23rd Oct 2006 *****************************
 Secondary trend downwards. Hit the support line at $1.97. Will hit the first support line at $2.00 to $2.02. Estimated to hit $2.13 in 15 days time.
Status: Bought at $1.97
Target: primary target of $2.03 within next few days. Will sell to recover SMRT if SMRT hits $1.11. Secondary target of $2.13 in early to mid november 2006
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******************************Updated 28th Oct 2006*******************************
Status: Sold at $2.08
Early Pullout. Didn't ride the profits. Lost faith in my own judgement.
Returns of 5.58% in 4 days though.
**********************************************************************************Labels: NOL |
posted by Nenix @ 11:18 AM   |
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| 3 Comments: |
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Way to go nenix. I've followed you on this one and it was some gd returns, even though i sold at a higher price :)
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please be careful about the way you use "rising slowly" or similar terms. Did you chart it against the backdrop of the surging ST index?
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I didn't. Couldn't find this function in the charting tool. I guess this is the period when everything goes well, and it might just be coincidental that my analysis was accurate. Will see what I can do so that it will show a more detailed graphs.
Thanks for the input
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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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Way to go nenix. I've followed you on this one and it was some gd returns, even though i sold at a higher price :)