Lemonade goes down

Lemonade has gone down quite massively
Might be due to Goldman Sachs giving it a price target of $40
saying that the valuation doesn't add up
Glad that I stopped adding since owning 30 of it
maybe I will buy another 20 if it goes close to $50
also have to preserve cash
owning 30 shares of it is the cash I am able to pay for
but it is also cash for share financing buffer.

Lemonade update

Lucky to buy it yesterday at $78
seems like price bounced off from there
now the consolidation pattern is even clearer

Another Lemonade

Happy to buy another 10 Lemonade
set the price at 78, before the lower band of consolidation pattern
Will be looking for the next price to enter again
maybe when it breaks out of the consolidation funnel
the next support zone is around 73

Bought lemonade again

Bought 10 at $86
Nice number
But the price came down to $84+
I am now watching more youtube videos on this company
seems quite interesting
like the part the founder talks about the complexity of insurance policy
and wants to make it easy
well that is real disruption

I will be using longer time charts from now on
maybe hourly
Bought this 10 shares as I felt having 10 is not that significant
now that I got 20, I feel more fed
and can afford to let price drop
if it goes up, at least I got 20

Chicken Genuis recommends

to me this is a big announcement made by the youtuber

he sold his illumina shares to buy this

he mentioned this company is disruptive

and can damage Warren Buffet ( as he owns traditional insurance company)

I am actually betting on the reputation of this youtuber

he has done well

and he does not recommend many shares

and the company looks nice and neat

well, i wanted to buy more 

but could not

was waiting for it to bounce off SMA 100

only managed to buy 10 shares

but at the same time, i should not be rush about it

anyway it is buying because someone recommends

and the Covid situation still can cause turbulence anytime.

and not forgetting the fact that I have borrowed money

Just be happy that 10 shares is a nice number of shares to own.

that aside, I am using Adam Khoo's way of visualizing
using a few levels of SMA
forming 5 parallel lines that clearly shows an uptrend
it is a easy way to know when to buy
when price dips to certain SMA, for example 100
then it is an opportunity to buy

1 more Capitaland

Do not buy it frequently
Today went to relook at it
and bought it at 2.86.
reason the price dipped was because they just paid dividend
they only pay once a year

they have a new CEO
with degree in Engineering
financial result is good for past 3 years
both revenue and net profit rising
dividend yield is around 4%
bought 1k of it
to make it total 3k, a more desirable number to own.

still like their business strategy
50% in Singapore, 50% in SEA and others.
Good quality blue chip to hold

Bought 2k AIMS

Bought another 2k shares of AIMS
Did this after seeing many shares surging
and AIMs did not really follow
Price was 1.23
and using dividend of 10 cents
it is 8% dividend yield
just a small purchase
in case all prices keep going up

now both my OCBC and POEMs share financing have around $10k debt each
and each have 1000 shares of DBS
and they can withstand around a further 50% drop in the market.
I will be pumping $20k worth of shares into POEMs again
in case the market suffer another big plunge

Mental Overview

During these few exciting months
after many evening walks
calming my mind and thinking about investments
I made some mental targets
that if I have 230k of investments
before the full price recovery
I should be able to hit 300k before age 40 with a combination of recovery and growth
300k is decent, considering my target is to hit 500k by 45 yo
so now I would like to do some mental estimation
to see where I am at

ocbc share financing - 30k
poems share financing - 30k
cdp - 50k
dbs share financing - 60k
IG CFD - 40k

so total is 210k,
which is pretty good
I should not force or rush the target of 230k
even if it means that the market recovers and I do not buy again
some distance away from the target can act as a buffer
in case the market has a bad crash again.
If there is no chance to buy again, I should be happy and contented with what I bought

having some buffer is good
it is like still having bullets
to eat some if the market plunge further again

More capitamall

Bought more Capitamall today using Peoms share financing
Bought it at $2 per share, 4000 units
Total units now is 12,000 units
Aiming for 15k or 20k units
If price goes down more
The next support zone is around 1.85 (using monthly candles)

Most likely will be transferring more shares into Peoms account
Make better use of those dormant shares in my CDP
But also have to ensure that I do not be overly-aggressive
and lost everything if there is a crazy crash
I am hoping the share financing will be able to withstand a crash of 50-60%