Mr. Banker wrote:Mr. Banker wrote:Based on its current behavior, try to catch this on a down day at P38.50 to P39. It usually bounces back quickly to P41.00. That should give you 5% net for each cycle.
Completed another cycle today...but I hope there is still continuation this time as I was not able to sell.
AEV's price tanked to P39.00 at the very last minute of trade yesterday after hitting an intraday high of P40.85.Missing the P41.00 boat last Monday took away some 3 full tanks of free gas.Again, it reminded me of two lessons in stock market trading... be alert all the time...and don't be greedy.
Hoping to catch the next trip anew...