Tuesday, September 29, 2009

Keppl vs SCI: price/vol action

Buying SCI was a mistake.

Two things:
  • Price/vol action is wrong. Keppel is showing up days on higher vol and down days on lower vol. SCI shows the opposite.
  • At the breakout (blue stars), SCI's volume does not clearly exceed the previous volume spike (end August). Keppel's breakout volume does exceed any previous spike.

Sold 3 lots SCI @ $3.34, Tues 29-Sept-09.

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