Buy Olam at S$1.26?

Should I buy Olam at S$1.26?


Why?

1. Green Supertrend signal appears.

2. First pullback after supertrend.

3. No bad news about Olam, only good.

Let's place order.

The rookie trader journal








Comments

Post a Comment

Popular posts from this blog

Supertrend Trading Journal 2021 Feb 25

Image
1 hour before the market opens. Any stocks in my Yahoo watchlist meeting my Supertrend buy criteria?  TALO? If there's a pullback, buy. Market opens. TALO opened higher. No pullback. Did any stocks on hand meet my Supertrend sell criteria? DAL and AIG. Sell or hold?  Hold. Price is above and not touching the weekly pivot point. How's my purchasing power today? I can buy up to only 4 stocks.  What to buy? Let's check the Finviz screener. Any potential Supertrend buy signal? PSXP - maybe but the 1st Supertrend is touching the pivot point.  Check other related stocks that people are also watching. Any buy signal? Nothing. 1 hour later... Prices fall but not TALO. See you at 3 pm closing time.  1 hour before the market closes...  Is there any stock to buy? Check MarketInOut.com.  None meets my buy criteria. Check my watch list. None. Is there any stock I can sell? Market prices dropped across the board. All the stocks that hit the target are now below...
Read more

Rookie Swing Trader Journal August 18, 2021

  How's ETH today? ETH-USD $3030 (binance.sg) When to sell... $3165 when to buy? How's my purchasing power today? I can buy 1 stock using  Moomoo .  Is it a good day to buy stocks? Look at the S&P 500 hourly chart ...  Is the 10 SMA above the 30 EMA? Is Williams %R (3) less than -80 (oversold)? Is the ADX momentum indicator above 25? If everything is ok, buy! It's not a good day to buy. Once you bought a stock, trade the chart of the stock itself and forget about the market...  https://www.swing-trade-stocks.com/market-timing.html What stocks to buy from Yahoo Finance Watch List, Yahoo Finance News, Trending, Market Movers, and related stocks, Moomoo watch list and Heat List?    Skipped Which stock in hand can I sell? 12 stuck stocks at FSMone. See Yahoo Finance. AAL (mm kdj rsi). Bought $21.30. Stop at $19.60. Target $24.  GNUS (yf bbl to). Bought (FSMone) $1.65. Target $1.82.  TNXP (no indicators, gap down). Bought $0.75. Target $0.83....
Read more

Supertrend Trading Journal 2021 Feb 24 - Closing

Image
 3 pm - 1 hour before the market closes.  Is there any stock I can sell? LYG.  Sell or hold? Sell! Why? The Price reached the weekly pivot point and may bounce back down. Sold LYG at $2.21.  Is there any stock to buy? Check MarketInOut.com.  None. Check the watch list. TALO? Jumped too much. See if there is a pullback tomorrow morning. Anyway, it's 14 days until the earnings call. So it's disqualified for a buy.  Check trending stocks? Missed BA, FB, and more.  Lesson: Keep track of good stocks daily. Check related stocks that people are also watching. Check Finviz screener. Not enough time to check all.  Lesson: Check Finviz at Market open. ~ Rookie Trader Journal PS: What did I learn? 1. Check the  Finviz screener in the morning, not evening, for more time.  2. Keep track of good stocks daily.
Read more