Sell on strength buy on weakness but is MBSB bottom yet i don't think so .... and i suspect the overall region is downtrend atm better park my ship at sideline first
The stock went ex-div on November 1st 2013 with closing price of 2.74. Stock Price corrected to 2.71 last Friday, Nov 8, with a black hammer indicating that correction is possibly over...daily trading volume was consistently below the average daily rate over the past 4 trading days indicating selling exhaustion. This is an another indication that the correction is possibly over...
Dun buy so early as the price hv to drop to its support level at 2.50 1st. All solid investors also gv some patience to wait until 2.50 which is more safe for us to invest.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jcck79
89 posts
Posted by jcck79 > 2013-11-03 07:29 | Report Abuse
zero holding ... sold all last friday minimize lost after ex-div ..... will enter again but not current trend