Sunday 24 November 2019

Sector in play : Plantation



Sunday night ... got two important things to do later: Applying for a teaching job and setting exams papers.

To start my working night ... I will write a post here first. haha.

DOW up 109 points ... US markets still going higher n

JTiasa: Resistance sitting around 64-68 cents ... to sell this week. 

This week is the plantation trade week ... as most plantation stocks awaken and went crazy ... depending on which one we chose and how large our positions are, we are to profit from the craziness. 

Note: I have sold JTiasa at 61-62 cents on Friday. I sold at 59.5 on Thu ...only to buyback 59-60cents and to sell her off on Friday. If our position size is large enough, a mere 2cents would be a good contra-trade.



WTK : Another quick trade done well was WTK ... lagging most as I do not chase up stocks, so i grabbed her ... and sold her off at 56cents resistance.

Will plantation stocks still in play this week? We shall see ... if a pullback is a buy.

TEH


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