Divergence Trader

How I managed my trade - Super Group (Long)

Francis Chua
Publish date: Fri, 28 Nov 2014, 02:45 PM
Francis Chua
0 10,453
To find the truth, look below the surface

Recently many of my picks in my watch list have not triggered any alert for me. But 2 days ago, Super Group has been creeping up quietly.

Let us look at how these unfold……

Daily chart of super

Super Group has been moving up quietly without high volume. I have set alert if the share price move up $1.185. There are some buying which do not want people to notice.

MACD histogram is ticking up. Price move above moving average.

At 1.185, my alert triggered, I was late. I managed to entry at $1.19.

The next day, Super group move up again. But I look at hourly chart and found out that it time to take profit. If you look at my hourly chart,you will understand with a picture.

Hourly of super

Bgt 50,000 shares at $1.19 on 27th Nov 2014.

Sold 50,000 shares at 1.245 on 28th Nov 2014.

5.5 cents profit, I am more than happy.

I am a rabbit hunter, my family will be happy with rabbit hunting.

Best wishes,

Divergent Trader

super group

Sell

The post How I managed my trade – Super Group (Long) appeared first on Divergence Trader.

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment