http://cpteh.blogspot.com/2012/05/stock-watchhkse-cnooc-zhaojin-and-qinfa.html




Qinfa : Bought at HKD1.25, dropped to closed at 1.15 today. It touched a low of 1.05 yesterday. I will only buy more at next support, at 0.91. RSI at 31 ... way to go.




Cnooc : Bought at HKD14.18, adjusted 28cents dividends, cost at HKD13.90. Closed at HKD13.80 today, touched a low of HKD13.28. RSI at 36 ... way to go.



ZhaoJin : My first buying into HKSE recent ... at HKD9, it came down to the lowest at HKD8.83 before a strong recovery. Closed at 10.40, RSI at 56 ... still can hold till overbought.

HKSE's babes

Qinfa : HKD 1.15 - 1.25 = -0.10 x 20k = -HKD 2,000

Cnooc : HKD 13.80 - 13.90 = -0.10 x 2k = -HKD 200

ZhaoJin : HKD 10.40 - 9.00 = +1.40 x 2k = HKD 2,800
So, I am still at breakeven level ... and will only update again when it up/down 10%. I am still thinking of buying another one or average down Qinfa tmr.

Note : It is expensive to trade HKSE ... so, I do not see the point of going for short term. For a person who asked me if I have cut-loss on my oversold HKSE when all the stocks tanked that day ... I did not. HKSE is very volatile with gap up-down. So, it is not suitable for majority of those KLSE-kaki.

Disclaimer : This is not a recommendation to buy-sell. Please consult those who know-how. Hypothetically, I bought those stocks at the prices stated for learning purposes.

Yes, I will form a group of those wishing to buy into HKSE's stocks ... for discussion and learning purposes. I will only consider it if there are more than 30 members. Do e-mail me and let me know. Yes, I m moving much to HKSE due to un-ease feeling of KLSE.

Do contact me if you are interested. Thanks.


TEH