TRADE UPDATE – COMPLETE CLOSURE IN STANDARD CHARTERED
UPDATE (2) – Balance position closed @ 1340p for a combined profit including the dividend receipt of £1.36 – thank you “Mr Market”!
UPDATE – Stop raised to 1247p – just below todays low.
PLEASE NOTE – STAN ARE ACTUALLY XD THIS MORNING TO THE TUNE OF 17P (NET) – SO IF YOU FOLLOWED OUR TRADE YOU HAVE THIS TO COLLECT TOO!
Per our post last night, STAN has opened towards the 1300p level and so we have sold 50% of our holding this morning at 1270p for a useful nearly 100p profit. Running the balance with a stop at 1213p.
2 day 5 min chart
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Didn't feel confident of an end of week 1400 ?
Thanks for this. Different entry and exit levels, but roughly the same outcome.
Chris – a pound in the bank is worth two in the bush!
In at 1130 out at 1340. Thanks for the pointers – my only regret is that I didn't have much in the way of free cash.
Chris – glad you made a few pounds.
Re 1400p – profit banked is a profit in your pocket – no point being a hero.