Tuesday, February 14, 2012

14th Feb 2012 – My Valentine SOHU

Buy $

Sell $

Sell Short $

Buy Back $

Stop Loss $

Profit / Losses

Duration

51.00

 

 

 

45.60

 

 

 

images Reason for Buy / Sell / Short / Cover:

 

  1. Long term monthly chart shows that it has again dropped back near to its long term uptrend line.
  2. Daily and weekly chart shows that the entry should be pretty save.

 

Lesson Learnt:

 

  1. Before the earning announcement, it was rallying. After earning announcement, it dropped and created this opportunity for entry.
  2. Long term uptrend still look healthy and looks like it should continue its uptrend.
  3. This should be a pretty strong stock and it is already 50% below its all time high.

 

Intraday Chart

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Historical Chart

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