| Buy $ | Sell $ | Sell Short $ | Buy Back $ | Stop Loss $ | Profit / Losses | Duration |
| 41.15 |
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| 39.10 |
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Reason for Buy / Sell / Sell Short / Buy Back:
- C has come to the strong support line at $41.00 and at the same time touching the lower line of the down trend line. Excellent point from my point of view.
- Weekly chart of C has come to the strong support line of 100MA line. Beautiful.
- I expect indexes will rebound tonight. SPY is sitting on the 50MA line.
- FAS also come to the strong support line, again expected some kind of rebound in financial. Should be positive for Citibank.
Lesson Learnt:
- I should have get the entry price of $41.00. I was a bit impatient and chase after the entry a bit.
- Patient is the key.
- Pay attention to other banks behavior and at the same time watch out for FAS and FAZ. They will tell you the overall health condition of financial.
| Intraday Chart |
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| Historical Chart |
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