Trade Diary 11/24/2012 - Bumitama SOS and SembCorp Update

A pity that a friend from facebook exited his long position @ 1.03. I thought this was a very strong set-up in the first place that has really good risk to reward ratio. He exited after the result from Bumi. Lesson learnt? Never look at news. Charts tell you everything.


Next, on SembCorp, it does show some kind of weakness on Friday. I blogged about it a few days ago that I do not like its high volume down bar.

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