Figure 1: UBP Price Chart
Information:
Date Bought: 08/06/2010 Buy Price: P44.15
Date Sold: 08/16/2010 Sell Price: 44.80
% Gain: 0.37%
Reason for Selling:
- UBP seems to be still consolidating and moving sideways.
- Momemtum is still strongly bias to the downward direction.
- It is already at the oversold area of my indicator( Not shown in the chart).
- Transferred funds to another stock with momentum.
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