With the sales of CDL Htrust, some of my capital is freed. After analyzing, I decided to go into 3 equities in OrientCent, Synear, and advSCT.
With the exception of OrientCent, each of the other 2 equities showed healthy upward trend. Following the "trend following " mantra, i decided to go in small to test out the trading methods.
OrientCent could be a mistake on my part, as I bought in after a huge jump in price. Usually, such jumps signify a correction after a while, and it is evident that prices have reached a resistance level at $0.92. (Sold it a few days later at breakeven)
Synear and advSCT are slow to move, and I will see how things go in the following weeks before deciding.
An update on CoscoCorp, it has risen from $2.20 to $2.64. If capital allows, I will time another entry, since trend is healthy and it does not show any signs of reversalsLabels: advSCT, OrientCent, Synear |
