17th Feb 2012 – It is time to visit TheZOO!

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
25.20				23.10

 

Reason for Buy / Sell / Short / Cover:

 

1. The earning announcement at end of Jan has created a dropped in price.

2. Intraday chart seems to indicate that the dropped has started to stabilize.

3. Daily chart shows a very nice multiple bottom for 3 months time.

4. Weekly chart shows that it is coming to the support at 200MA line.
5. Monthly chart also shows that it is coming to the support of long term up trend line.

 

Lesson Learnt:

 

1. Have been monitoring this stock for more than a year on and off.

2. Could this be the bottom, finally?

 

Intraday Chart

Historical Chart