4th Oct 2011–Food with integrity… Its stock may not!

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
		Top up @302.00

 

Reason for Buy / Sell / Sell Short / Buy Back:

 

1. Weekly chart shows that price confirmed breaking down from long term trend line. We have a confirmation for top up.
2. Intraday 20MA and 50MA lines are now acting as resistance line.

 

Lesson Learnt:

 

1. Looking at the intraday chart, I should have added first at the $315.00 level when it broke the intraday trend line going downward.
2. This might be a "long term" short position. We will see.      ;-)

 

Intraday Chart

Historical Chart