EQUITYOPPORTUNITY

Tuesday, January 07, 2025

Live Miraculous Streak : #2 Supermax hat3ricks in 2025; Kyocera 京セラvindicates a 2-month bet ! {7th Jan '25}

Shortly after paring my fifteen thousand shares by a couple of hundred at the $1.30 open, I began to feel uneasy about Supermax's price movement & sold another five hundred at a lower price less than 2 hours after the open.

After lunch, the uneasiness did not abate & I proceeded to log in via smartphone, my least preferred method of trading & sold one-two lots at a go, at $1.25, then $1.24, then eventually $1.23  while sipping tea in a hospital cafeteria anxiously watching the price action as the sellers dumped hundreds of thousands intermittently at half past three. I went home & arrived by 4:20 pm & sold a few hundred more shares, thus whittling down my stake to 12,333 shares by the close at an average of just below $1.245.


 Its price action today has certainly been the most bearish it has been in many days & seems to have confirmed that it's unable to break the April 2022 resistance at $1.33 to move higher, despite a news report that the HPMV virus is increasing in frequency a day earlier & the announcement that its recent bonus issue has been approved by the exchange overnight.

  Fortunately, I have much consolation in Tokyo with renowned Kyocera 京セラ jumping 8% on heavy volume & chipmaker Rohm ローム continuing to advance 4.2% on yesterday's bullishness to move into a clear paper gain after commissions while Kawase カワセ finally stirs to life with a 2% increase & Komai Haltec 駒井ハルテック almost matches that to cover half of one commission.


   Star performer YKT looked promising for a breach of 300 but closed with a loss of nearly 2%. 'Que Sera Sera' or more aptly : '"  Kyo Cera Cera'"!😄


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