not much trading
i havent done much trading lately...just some looking.
my open ING trade is doing ok.
As i expected, this one was good for a dividend strip. Price touched $1.22 a few days after the divie record date...and recent support at $1.18 was not broken. Im still holding
I looked at WHS - The Warehouse Group recently too, but then there was an announcement that they are selling their Australian side, which should be positive medium to long term, but has had a negative impact to start with. so I'll look at this one again seriously when it settles a bit.
SMM still looks like a great trading stock because of its volatility. I did a daytrade on it (which I didnt post about) and walked away with a tiny profit. you definetely have to get to know the rythms of this stock and be prepared to jump in and out quickly.
my open ING trade is doing ok.
As i expected, this one was good for a dividend strip. Price touched $1.22 a few days after the divie record date...and recent support at $1.18 was not broken. Im still holding
I looked at WHS - The Warehouse Group recently too, but then there was an announcement that they are selling their Australian side, which should be positive medium to long term, but has had a negative impact to start with. so I'll look at this one again seriously when it settles a bit.
SMM still looks like a great trading stock because of its volatility. I did a daytrade on it (which I didnt post about) and walked away with a tiny profit. you definetely have to get to know the rythms of this stock and be prepared to jump in and out quickly.
posted at: 2:53 pm
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