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JAPFA



This JAPFA has been a frustrating investment.

I first bought 50 lots at 85 cents on 19 August. The post is here.

The stock rose all the way to 96 cents. I have to admit that i was seriously contemplating selling it when it broke the interim uptrend line at 93c but given this is supposedly an investment account, i decided to hold on for the "long term".

However, i hate seeing a winning position turned into a losing one, as such i decided to close it off when the 90c support broke today. Sigh...

Happy SRSing ^_^

7 comments:

  1. You Juan Jiu Hao (Mandarin) ;-)

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  2. QT Vascular's very weak too. I'm currently vested because of its PTA Chocolate growth story, and potential M&A. But these won't happen till at least next year.

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  3. QT I am also concerned when the 6 months moratorium ends for the pre IPO investors. It will add to selling pressure unless the company keep releasing good news.

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  4. QT just broke support again today, damn. TA wise, perhaps closing the gap at 40c. Hope that support holds.

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    1. I don't like the look of it and may cut loss lor. But I am travelling this week...

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  5. What software did you use to make that graph? Did you need to use python?

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  6. My broker suggested me not to do investment in JAPFA, and thus making good trade is possible for me.

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