27th Jan 2017 - Finger licking good!

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
26.90

 

Reason for Buy / Sell / Short / Cover:

 

1. Multiple bottom at daily/weekly chart.
2. MACD looks really good.
3. Intraday chart showed it tried to gap up.
4. It is an IPO and price looks like have stable down for entry.
5. Its business is related to KFC, Pizza and etc which is something everyone eat here in Malaysia. So it is about time for me to earn some $$ back from his business.    Hahahaa…

 

Lesson Learnt:

 

1. I can't wait for Thursday and Friday for the price to dip lower before making the purchase. I need to travel long distance for Chinese New Year celebration.

 

Intraday Chart

 

Historical Chart

22nd Jan 2017 - The long forgotten SunPoWeR!

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
7.07

 

Reason for Buy / Sell / Short / Cover:

 

1. MACD has been on uptrend for quite  a while.
2. Long terms chart looks like it has arrived at the bottom.
3. Short term daily chart showing sign of pickup.

 

Lesson Learnt:

 

1. Need to be patient enough for it to reach the trend line.
2. Earning on 16th Feb 2017. May need to let go before that.

 

Intraday Chart

 

Historical Chart

13th Jan 2017 - Ghost Rider coming to FIAT near you

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
	9.80				51.9%	2.5 months

 

Reason for Buy / Sell / Short / Cover:

 

1. US government and EPA are accusing FCAU of using software to allow illegal emissions in diesel-powered vehicles.
2. This is the kind of case similar to VolksWagen.

 

Lesson Learnt:

 

1. My stop loss was previously set at a very low level just to protect my cost and I did not trace up from time to time.
2. My sell was not fast enough because I was looking for reason behind. The news first came as "option alert" which does not really mean anything to me.
3. Trading actually stopped when the stock lost > 15%. After trading is back, the stock started to regain some ground. I guess those are the shorts trying to claim their profits.
4. The recover actually gain more ground after I decide to close this trade.
5. Maybe it is time to start looking for opportunity to short this stock.

 

Intraday Chart

U.S. environmental regulators accused Fiat Chrysler Automobiles NV of using software that allowed illegal emissions in diesel-powered vehicles, the latest broadside in an unprecedented government crackdown on auto makers for alleged pollution transgressions. The Environmental Protection Agency, days before the end of the Obama administration, delivered a violation notice to Fiat Chrysler accusing the auto maker of using illegal software that allowed 104,000 recent diesel-powered Jeep Grand Cherokee sport utilities and Ram pickup trucks to spew toxic emissions beyond legal limits. The affected vehicles have model years ranging between 2014 and 2016. Shares of the auto maker were down 13% in recent trading. The EPA's move came a day after six current and former Volkswagen AG executives were criminally charged in the German auto giant's long-running emissions cheating on nearly 600,000 diesel-powered vehicles in the U.S. Volkswagen separately pleaded guilty to criminal wrongdoing and agreed to pay $4.3 billion in penalties stemming from the long- running deception, which involved installing so-called defeat-device software on cars that allowed them to pollute less during government emissions tests than on the road. That was on top of up to $17.5 billion Volkswagen agreed to pay in previous civil settlements. Officials stopped short of calling Fiat Chrysler's software defeat devices, saying they were continuing to investigate. But they nevertheless accused Fiat Chrysler of illegal activity and said it could cost the company $4.63 billion, based on a $44,539 penalty for each affected vehicle. "This is a clear and serious violation of the Clean Air Act," said EPA Assistant Administrator Cynthia Giles, adding Fiat Chrysler failed to disclose eight so-called auxiliary emission control devices on the vehicles when getting them certified. "AECDs that are not disclosed are illegal." Fiat Chrysler "is disappointed that the EPA has chosen to issue a notice of violation," the auto maker said in a statement. The company "intends to work with the incoming administration to present its case and resolve this matter fairly and equitable and to assure the EPA and FCA US customers that the company's diesel-powered vehicles meet all applicable regulatory requirements." Write to Chester Dawson at chester.dawson@wsj.com and Mike Spector at mike.spector@wsj.com

 

Historical Chart

12th Jan 2017 - V for Victory

Pattern Study

 

1. There are so many V-shape around with huge profit to gain from.
2. If there are many of them it kind of indicate the bullishness of the entire stock market.

 

What should I do?

 

1. Look out for trend reversal signals and buy in stages after each signal is validated.
2. Getting at the most bottom is close to impossible, but getting in at stage 2 onwards is achievable.

 

Chart 1	Chart 2

 

Chart 3

11th Jan 2017 - Look closer and you will see them.

Pattern Study

 

1. If you look carefully, there are so many stocks that have the same pattern as stock "A". This time is "TROX".
2. It is very obvious that "TROX" advanced earlier than "A" and hence become a mirror for "A".

 

What should I do?

 

1. If "A" comes back to $48.00, it could be a good entry.

 

Chart 1	Chart 2

11th Jan 2017 - Another mirror for A also starts with A

 

Pattern Study

 

1. Comparing stock "A" and stock "AIG"
2. Stock "A" seems to act as a mirror for stock "AIG" or vice versa.
3. Stock "A" seems to start its second kick to upside.
4. Stock "AIG" has also started its second kick to upside.

 

What should I do?

 

1. Good entry for AIG should be at $67.00

 

Chart 1	Chart 2

7th Jan 2017 - A is a good mirror for STM

Pattern Study

 

1. Comparing stock "A" and stock "STM"
2. Stock "A" seems to have progress further and act as a mirror for stock "STM".
3. Stock "A" seems to start its second kick to upside.
4. Stock "STM" seems to retrace its first uptrend.

 

What should I do?

 

1. Might be a good entry at around $10 for stock "STM".

 

Chart 1	Chart 2

4th Jan 2017 - Is this going to be a good key or a bad key?

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
36.60

 

Reason for Buy / Sell / Short / Cover:

 

1. A very big V-shape chart with a triangle that looks like going to go North.
2. It looks familiar to what I (think) I have read from Alexander Elder's book.

 

Lesson Learnt:

 

1. From the intraday chart, it did a fake bull protruding the upper trend line which makes it look very bullish.
2. I should have waited at least until it came down to the intraday trend line.
3. See how well it observe the daily chart trend line even at intraday chart?!
4. There is quite a lot to learn from just this one trade.

 

Intraday Chart

 

Historical Chart

2nd Jan 2017 - Going deep into VALlEy

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
7.65

 

Reason for Buy / Sell / Short / Cover:

 

1. Average purchase price is at $7.65.

 

Lesson Learnt:

 

1. Top up at the wrong time, even though the chart seems to get support at the moving average line previously. The material sector was going down past few days.
2. It seems to be quite hard for me to protect profit also.

 

Intraday Chart

Historical Chart