http://cpteh.blogspot.com/2012/06/update-cnooc-zhaojin-and-qinfa-2.html

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



CNOOC : When I bought at support 14.18 level, it went up to 14.80 levels in days due to 'dividend' payment of 28cents. So, if adjusting base on that, my cost price would be at 13.90. It dived down AFTER the dividend to 13.20 level, before a fast recovery to close at HKD15.20(touched a high 15.47).





Qinfa : I bought at support 1.25 ... but it broken 1.25 and I did not cut-loss. This is HKSE ... up-down is very fast. It is very volatile, expect to lose more if we choose the 'wrong' stock. It went to 1.05 low before rebounded next day and I grabbed at 1.17.  It closed lower(tho HSI up 450 points!!) at 1.09 and my next buying will be nearing to HKD1 level. ouch.





ZhaoJin : Bought at support HKD9 when at 25 levels, average up at HKD10 ... MACD red, at resistance so I decided to SELL at HKD11, taking profits ahead of the weekend.


HKSE's babes

Qinfa : HKD 1.09 - 1.21 = -0.12 x 40k = - HKD 4,800

Cnooc : HKD 15.20 - 13.90 = 1.30 x 2k = HKD 2, 600

ZhaoJin : HKD 11 - 9.50 = +1.50 x 4k = profits HKD 6,000 (bought 18th May, sold 14th June)

While I have realised the profits from ZhaoJin, I still have to monitor CNOOC to take profits too. Then, I hv to check Qinfa if I need to average down at HKD1 next.  Next week, I am eyeing on another one HKSE's babe ... need to do some groundwork to check what's next?

This is just fictional and hypothetical. Trade at your own risk and the RISK is high.

Happy Father's Day.

TEH