Took another 1/3 profit on Friday at 6.99 in anticipation a shooting star may form. True enough it did. I got 1/3 left to ride. Loads of BBs were buying on Friday… I got hit from credit suisse. My trailing stop for Wilmar would be 6.85 which could confirm the bearish shooting star formation. It could however decide to break out from the major resistance at $7. I will ride my remaining lots if that happens. I like to buy counters in thirds.

Went in on SatSvc as well in anticipation of a buy signal. It did occur, and now we have a 2.75 immediate target. I will use 20MA support as a cut loss or trailing stop zone.

A brand new week… couple more weeks for a capricorn run up perhaps?