There's this trading rule that in any sector, always trade the leading stock - the one showing the strongest trend.
One way to determine the leader of a sector is to use a Comparative Relative Strength relative with its peers (different from RSI). Based on the charts below, it looks like NIKL is now leading the race.
As of today, unfortunately, I'm holding the weakest (PX)! I've been holding on to PX from the 14 levels, nothing much has happened and I'm already getting disappointed with this one. Wait and see. PX, if you continue to underperform, I'll dump you! >:)
Anyway, nothing much has happened in my portfolio. I just bought BEL today anticipating a new high and will add more if 5 is broken. Learned a lot last year from ChristinaHunt to always trade stocks that are consolidating at the highs. :) Thank you!
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