Thursday, February 18, 2010

Bought Straits Asia

Bought 9 lots Straits Asia Resources @ $2.20.

Seems to be have made a failed H%S pattern, which may be bullish if enough weak holders have been shaken out.
It promptly dropped 3% after I bought it. Today's engulfing candlestick (not shown) looks bad. Since I'm in the dare, nothing to do but see how it works out.

Cut loss level at the previous low, $1.93

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