Post#13: Trailing stops hit and some $BEL

Last March 1, 2017, my trailing stop on my position in $STI was hit and I sold my holdings for an average of P1.09/share and a gain of 21% since last November.  I was hoping to let my $STI run but a ranging PSEi made me tighten my stops s little. As always, I promised to follow my plan and I did it without hesitation.

I also sold my $DNL since it failed to maintain it's price above P13/share with a small percentage gain not even worth mentioning.

$DNL and $STI will remain in my watchlist for now again.

Although I felt bad losing my positions, I immediately looked for other stocks that show some strength. I am currently trading with only 50% of my port in positions as I dont like the general market condition.

March 3, 2017 - Bought some $BEL at P3.63/share.

March 6, 2017 - Added some more $BEL as I feel it going stronger at P3.72/share.

Average $BEL price is at P3.67/share.

Update: March 7, 2017 current position up 4.64% with $BEL at P3.88/share.

Initial stop at P3.65.


BELLE CORPORATION ($BEL)

stock chart provided by www.bigcharts.com