Loaded some stocks for the middle-term horizon now that I have available cash.
Currently my base stocks consists of CAO, BrightWorld and the almost written of MDR.
Today, I've added to this base of mid-term stocks by buying TiongWoon @ $1.08, OKP @ 0.94 and FerroChina @ $2.63. Risks for calculating mid-term stocks are more difficult from a technical standpoint as I cannot rely on short term cut-loss triggers. Maybe weekly indicators will solve this issue, will analyze more data before coming to a decision. But I feel weekly data should suffice as corrections seldom lasts more than 1 month. 3 consecutive down weeks might indicate a reversal but its MA might not be affected much.Labels: FerroChina, OKP, TiongWoon |
