SembCorp

Posted On 9:57 AM by Ng Leong Yee |




LONG

Entry Date: 22 Dec 09
Bought at $3.60

Exit Date: 06 Jan 10
Sold at $3.73

Trade ROI: +3.6%
Overall ROI: +199.91%

Why I trade?

  1. Price rebounded off support level
  2. 50 MA Supported
  3. MACD 4r1g
  4. Stochastic Oversold region

Takeaway:
I choose to take profit because Stochastic is in overbought region and there is a minor gap resistance which failed to break through in the past 2 trading day.

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