ALI Bought on 7/20/2010 @ 14.25

 chart from pse.com.ph

ALI has been 1 of the first 2 stocks I have bought ever since I have started real time trading with the PSE.  It has been a very reliable stock for me as property stocks have been constantly on an up trend.  Tsupitero.com recommended a buy on the dips for this. So on the day I started trading, I got a bargain @ 14.25, the lowest price for the day.

Price gained momentum from 7/30-8/6 reaching a high @ 15.82.  During this time, I was already increasing my portfolio with new stock picks and maintained a hold of ALI which is already on the safe zone.  It began consolidating after, reaching a low of 14.8 on 8/13 (another blow from the DOW drop).

This week seems to be a good one as ALI pulls back to a high, closing at 15.6.  Although we should still take note that 95% had been traded at the 15.4x region.  There is still so much space for ALI to go high up, so I might hold a bit for a day or two before I finally sell.up:gucci bags

As of 8/18
close: 15.6
EMA: 15.28
RSI: 60.45

Target exit: 15.6 or higher depending on tomorrow's trade.  :)


UPDATE:
At exactly 1 month, I was able to sell at 15.68 on 8/19; though the stock even rose up to 15.9.  Gain of 10.04%