Disclaimer: The content posted in this blog is for informational purposes only and it should not be taken as an endorsement or solicitation to buy/sell the aforementioned issues. The information posted here is obtained through personal research and analysis, reserving the right to change them anytime. Investing in the money markets is accompanied by substantial risks to one's capital.
Thursday, February 3, 2011
Aboitiz Power Corp (AP)
Short the market candidate:
Sell 4000 shares once prices break below 26.90(26.80). Double up positions once prices break below 26.20(26.10).
Trailing stop at 24.50-24.15.
Cover short positions at 22(Symmetrical triangle target: 22.10)
Sell 4000 shares at 27.15 once 27.25 is breached.
ReplyDeleteSold 4000 shares at 27.15
ReplyDelete