Between
31th of March to 4th of April, we closed a total of 2 trades. Most of
our trades are still in play contributing to the lack of action but by
the end of the week, we will likely complete a couple more trading
position.
These are the 2 completed trades :-
RedTone dropped initially when bought in before running up and giving us a decent 8% return at
the end. We could have held on to it longer, but considering that it
looked like it was losing some momentum, we decided to take our profits
after it hit our TP1 target. BioHlg didn't continue its expected
momentum push and after 15 days, we decided to sell at our initial buy price, taking a small loss on trading costs.
The
run-ups of the small caps lack the explosiveness as expected in the
last few trading days. There are still some with strong momentum but
limited to a few stocks at this moment. The rest are hovering between
+-5% which generally is just normal to us. We will look to be more
patient and selective until we notice strong short-term bullishness
returning.
For
those who are not aware yet - all trades taken here are part of our
shortlist that we publish daily here in Laburlah. If you are interested
to subscribe - please go to our Subscriber Page to sign-up today.
https://www.laburlah.com/single-post/2017/04/05/Trading-Portfolio---Latest-4-April-2017
