F&N has now reached the end of my intended time period of keeping it, according to my trading plan. It has also formed a hanging man candle today, which could mean bearishness ahead. As such, it is time to sell. Also, I may need the funds for catching SAR as its stock price weakens.
Although it did not reach my intended target, I am still happy as it has had a nice run, and I followed my trading plan. It is also close to my intended target. A good start to the year!
Profit: +750
Wednesday, January 13, 2010
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