Sakari Res was badly battered in this round of selling down. It dropped from its peak (6months high also)2.6 to as low as 1.16 last week, more than 50% drop. It had a consolidation over the past two weeks in between 1.16 to 1.3, and moved higher yesterday. It was expected to continue rebound if it break above the gap resistance 1.37.
I have two target price: 1.50 then 1.70.
For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.
The Secret Recipe: Trading Success = Winning Trading System - U
The Secret Recipe: Trading Success = Winning Trading System - U
Tuesday, June 19, 2012
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