Reference Chart – MER

August 15, 2013 at 2:58 pm Leave a comment

Trading Buy
Previously last last August 12, 2013
sacredspader Wrote: Mga sirs gud am ask ko lang po, if for example pumasok ako sa MER with 50% of my capital nung around 300+ days before sell off ng SMC shares (@270/share) at medyo stuck ako sa 290+ average using a total of 70% of my capital. Is it advisable to average it down using my remaining capital and leave it long term or pull it out and try other stocks? I know it really depends on my financial plan pero in your opinion, what is the best thing to do at this point?

Daily Chart. W-pattern, double bottom based on rsi bullish divergence. (see green circles)

Spotting Divergences at NewsL!tter 3


Entry filed under: Phisix's Closet (PSEi). Tags: , , , .

Thank you Col Pinakahihintay

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