What a Price Action for SLI last Friday! It was up by 43.37%.
Started trading SLI last 22Feb2013, bought all in from my COL at 0.80 then sold at 0.84 and 0.87. Bought back again at 0.86 last 28Feb2013, then after that price went crazy last Friday it went as high as 1.20 and closed at 1.19. I sold some at 0.96 and 1.02 to protect profit. 1/4 nalang natitira sa SLI port ko so will test if may play pa ito this coming week.
Here are the reasons why I bought SLI,
1. Badly Beaten Stock
2. Divergence
3. Price moved above 50 SMA
4. Then another good signal price moved above 130 SMA
5. It was making higher lows already
To be honest, ang plan ko dito is to hold for 2 or 3 months pero to what happened last Friday... baka hanggang next week nalang. Masyadong mabilis ang mga pangyayari. hehe. Thanks Angping I was able to ride with your play. =P
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