Bad news are good news.
Updated
Analysis:
A recent news "U.S. sanctions China’s CNOOC on drilling in disputed South China Sea." ---- Such news caused CNOOC (883) plummet for 20%.
Margin positions shall be all kicked off by such volatility .
Entry:
$7.6 a share could provide 10% dividends to stock holders, according to the record, so it would be a good pick.
Target:
We look for $8.6 (The median of Monday price) or $9.4 within a month, and hitting $12 within a year.
A recent news "U.S. sanctions China’s CNOOC on drilling in disputed South China Sea." ---- Such news caused CNOOC (883) plummet for 20%.
Margin positions shall be all kicked off by such volatility .
Entry:
$7.6 a share could provide 10% dividends to stock holders, according to the record, so it would be a good pick.
Target:
We look for $8.6 (The median of Monday price) or $9.4 within a month, and hitting $12 within a year.
Note
After this trade, we have learnt - we should add a stop loss for every trade.For this deal, $7.3 (0.1$ lower than the previous low) should trigger stop loss.
Managing the risk in such way.
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