October 09, 2009

HKSE : China Cosco

Hi all,
For above counter, I brought at 9.30HKD/30Sept and sold on wednesday 07Oct09 at 10.16HKD. Within a week i made a profit of  9.2%. The reasons i sold it becuase of 2 things

1.Europe market down on wedneday afternoon.
2.On 07Oct09 HKSE already rebounced of 880 points

This counter go up further because the first news offered by Alcoa give it a push to Asia market and HKSE go up again >200 points on 08Oct.....

However, It stop at the natural resistance line now.

 

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