Bought on January 21, 2021

Average Price: P16.96

2,900 shares

*Bought this on the day 4 of the 5 stocks I held floored. I watched this stock for about 2 weeks and told J that I wanted it because it had a cute name. Aside from that I actually liked the fact that its price steadily and consistently increased without it being a popular tsupit stock. Was very happy to learn that it was an Ayala company. 

J said it was forming a Livermore pattern, and companies with similar patterns were MARC and TBGI. He said buy at P14 because that's the support (Ang tita nyo ay not following instructions).

Market price was P18.50 the morning I bought it. Went down to P17.5 during the day and I thought it was going to bounce quickly so I bought my first tranche. Put a sell order for P16.5 and went to work. Didn't realize in time that prices were falling so I didn't get to cancel my order.

Price went down to as low as P12.5 in the next two weeks. The day before I sold it, it closed at P14.5. I thought I was going to wait months to get out.

Sold on February 04, 2021

Price: P17.60

Gain: about P1,300 net of P500 fees.

Yesterday there was suddenly news of ACEX firming up plans with PPC in the next 6 months for oil exploration in 2022. Gapped up at P15.5 and went from P17.2 to P16.5 throughout the morning. I wanted to exit that day to free up BP for blue chips or second liners and since I thought that the catalyst was not really anything concrete. Was wary that people would sell in the following days. I also have PTSD from gaps being filled.

Set a sell order for P17.6 when market price was P16.6 just hoping to get out. Went to Starbucks and forgot all about my sell order. Then suddenly saw that the price rose to above P18 EOD. Closed at P19.30. 

Trading plan:

Current port snap