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Tea with AK71: Another loaf of bread.

Thursday, January 19, 2012

I blogged about how a loaf of bread could last me for days before. I like raisin bread the most and would usually buy when there is a special deal. Gardenia's raisin bread had a special deal going for a while but ended a couple of weeks ago.

On Sunday, I bought a loaf of softmeal bread from Sunshine. Usual price: $2.30. Special offer: $1.95.



Today, I finished the last few slices and had the two bread ends for lunch with a generous spread of margarine. Had to be more generous with the margarine or they would be too dry and difficult to swallow.

An inexpensive and healthy lunch.

Related post:
Tea with AK71: A loaf of bread.

ARA: Divestment at $1.30 and $1.32.

Wednesday, January 18, 2012

I have been entering overnight sell orders for ARA at $1.30 since early this month. $1.30 was the price I last sold some ARA at. As I noticed some strength in the upward movement in price, I also put in a sell order at $1.32 last night. Both sell orders at $1.30 and $1.32 were filled today.



Price touched a high of $1.33 today before closing at $1.315. Volume was relatively low compared to 3 sessions ago when price action formed a similar white candle. I wonder if it would have enough fuel to push it past the next resistance at $1.335.

Immediate support is at $1.29 but I expect a stronger support to be at $1.25 in case of a retracement. $1.25 is also where a golden cross is likely to be formed with the 20dMA rising to cross the gradually declining 100dMA. A golden cross was earlier formed between the 20d and 50d MAs.


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