Friday, March 16, 2012

16th March 2012 – AVEO making a comeback.

Buy $

Sell $

Sell Short $

Buy Back $

Stop Loss $

Profit / Losses

Duration

 

 

 

12.70

 

Profit

2 weeks

 

Reason for Buy / Sell / Short / Cover:

 

  1. Stop loss point triggered.

 

Lesson Learnt:

 

  1. Don't like the fact that the price rise above both the 20MA and 50MA lines.
  2. Theoretically this stock should move much lower, but market is too bullish. Let's leave this stock alone first. Can come back later or use the $$ for other ticker.
  3. Yesterday intraday actually went down by 3% and then it rebounded back to positive 2%.
  4. Again, this rebound should be just a dead cat bounce.

 

Intraday Chart

clip_image001

 

Historical Chart

clip_image002

 

No comments:

Post a Comment