Three stocks came up for next week: RSP, WHS, and WPL.
RSP is under takeover from Xstrata, so only the others will be bought.
WHS has criminal spreads (and liquidity) but I'm trying to stay as close as I can to TradeSim these days, so all stocks that trigger will be bought as long as I have the cash and the companies are not under takeover.
If I have a choice between stocks then I will use the "bang for buck" principles and rank them in order of ascending stock price as this has added about 2%p.a. in backtesting.
1 comment:
Was worried about your trade on OST for a while there Niz.
But it came back pretty sharply.
SGM looks good though. Gets above that significant resistance there, and I'll be in I'd say.
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