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Profit Taking (Closed Position) at JSMR With Net Profit Margin 12.3%

On 4th September 2017, JSMR was closed at 5,800, with opening at 5,825, high at 5,875 and low at 5,675. From Jan 1st, 2017 to date, the highest market price of JSMR was 5,850 on Jul 31st and 5,875 on Aug 31st. The last 2 candlesticks show long tail and an average of trading volume. Although the trend was still up as showed by RSI, MACD, and MA lines indicators, the author thought that the power is decreasing. Thus the author decided sell on strength (profit taking) the day after. On September 5th, the JSMR was sold at 5,850 thus created 12.3% as Net Profit Margin (NPM). The previous sold prices of JSMR are available in this link and this link.

Below is the screenshot of JSMR chart as of September 5th:


and below is the screenshot of the sold price:


Contacts:
Twitter      : @LowFreqTrading
Telegram  : t.me/SaelsitaStocks

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