Buy Lows, Sell High

The second trading week ended on on an upbeat Philippine Stock market at 4.17%. I had my first stock share sell of the year when DNL hit my personal target at a little more than 20% since I accumulated less than 5 months ago.

My buys shown in green lines and sells in grays

It has been a good run after that ridiculous tumble back then. But the steep ascent puts the stock in so much pressure to correct at some point. I still have a few shares left in case it would continue its awesome rebound.

My cash position now stands at 17% -  the second biggest piece of my portfolio. I'm eyeing on a stock that has been on a slump for so long hoping it would start it's upward reversal soon especially now that the market's in a bull once again.

Comments

Popular posts from this blog

Philippine UITF Performance 2016

Geek Wishlist: External GPU

Insider Trading Alive and Well?