Thursday, November 11, 2010

10 November - Noble

The day started with shitty internet connection, kudos to the people at Starhub, who must've been so busy blocking porn sites and anime downloads that they've managed to screw up the address and got themselves and the rest of Singapore blocked off instead.

After managing to load up the relevant sites, I got down to having a look at the market - the three that I called were pretty much 4th ruling, but of the lot Noble seemed to be doing best, with a good intensity to back up the immense volume.

The ATR was checked, and I placed my bet. Following the advise of the missing Shifu Ang, I called the resistance for the day with an ATR of 6 and walked away with a 5-cent profit at the end of trading day.

Lucky twice!

The Breakdown:

Noble Group
Opening Price: $2.16
Previous Volume: 31,000 (VPH: 4,769)
Closing Price: $2.17 ($+0.01)
Closing Volume: 53,700 (VPH: 8,262)

Price Acquired: $2.15
Lots Acquired: 9

Price Sold: $2.20
Transaction Cost: $109.62 ($54.18 + $55.44)
The Gain: $340.38 (+$0.05)

The Score So Far: -$2,622.32

No comments:

Post a Comment