Wednesday, March 21, 2012

21st March 2012 – Relax! Buy when sunset.

Buy $

Sell $

Sell Short $

Buy Back $

Stop Loss $

Profit / Losses

Duration

29.00

 

 

 

25.90

 

 

 

temp Reason for Buy / Sell / Short / Cover:

 

  1. Start to see some kind of bottoming process after the quarter result announcement and stock price start to lift up from there.
  2. Monthly chart shows that it is almost back to its original IPO price. Expecting some kind of rebound from there.
  3. Daily chart shows that MACD started to show positive cross.

 

Lesson Learnt:

 

  1. Entry timing and pricing sucks. I noticed that VXX is approaching a double bottom, should have waited for a drop in the index before I pick this stock up.

 

Intraday Chart

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Historical Chart

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