Friday, February 17, 2012

17th Feb 2012 – Sunset is in, it is time to go home.

Buy $

Sell $

Sell Short $

Buy Back $

Stop Loss $

Profit / Losses

Duration

 

3.36

 

 

 

Profit

2 months 16 days

 

index Reason for Buy / Sell / Short / Cover:

 

  1. Intraday chart continue to show weakness.
  2. Daily chart shows that it has dropped below 20MA line, as well as the up trend line and the previous support line.
  3. Weekly bearish Harami candle is formed.
  4. Quarterly announcement should be very close now.

 

Lesson Learnt:

 

  1. Similar to CSIQ, I should have sold this few days back.         ;-)
  2. Let's wait for it to announce quarter result first and we will be back then.

 

Intraday Chart

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Historical Chart

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