Sunday, August 1, 2010

Trading Journal: URC (July 30, 2010)

Figure 1: URC Price Chart.

Reason for buying:
- One of the top performing stocks and it has showed some strength to hold on to the 32.00 support line.
- One of the two bidders left standing in the bid to acquire a strategic stake in the country’s largest food company San Miguel Pure Foods Co.

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