Wednesday, November 09, 2005

Charles & Colvard Ltd. (CTHR)

I sold half position of Charles & Colvard Ltd. (CTHR) at 26,80 for a gain of 10,52%. (Reason: resistance zone around 27 & stock was near to my first target)I didn't sell the complete position due to the fact that I started an experiment to optimize my exits after I got out to early a few times.

Now we will se if the stock can move to new year highs. In case of heading lower I placed a stop, so I will lock in another couple of %.

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