22nd June 2017 - Will PJC car plate brings me luck?

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
60.05

 

Reason for Buy / Sell / Short / Cover:

 

1. The chart looks like it is sitting on the MA lines which act as a support line.
2. It had a very good rally at the beginning of the year and it retraced back 50% of its rally and looks like it is ready for the next rally.

 

Lesson Learnt:

 

1. Did not expect it to be so weak.
2. It is a low volume stock, so risk is higher.

 

Intraday Chart

 

Historical Chart

16th June 2017 - I think I better stop taking the pill

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
	$7.70				Even	48 Days

 

Reason for Buy / Sell / Short / Cover:

 

1. The market was very bearish. FAANG stocks were kind of at selling off mode.
2. I have been very patient with this stock for quite a while, but it keep showing me weakness even though recently it has indicated some good up trending.
3. Since it always show weakness, I am quite sure I am able to pick up at lower price in the very near future after the market weakness goes away.

 

Lesson Learnt:

 

1. It was a good call to set and sell. Today it started with heavier dropped.
2. Will continue monitor this stock at its MA lines.

 

Intraday Chart

 

Historical Chart

8th June 2017 - SNAP! Crack! and Fall!

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
20.25

 

Reason for Buy / Sell / Short / Cover:

 

1. It has reached back to the level of the edge of the triangle before it went up.
2. It is a trendy stock, should pick up pretty quickly.

 

Lesson Learnt:

 

1. Looks like I have to be more patient even it is a hot and trendy stock.
2. Wait for more chance to top up.

 

Intraday Chart

 

Historical Chart

29th April 2017 - GNC really need some boosters!

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
7.66

 

Reason for Buy / Sell / Short / Cover:

 

1. There was a good quarter report announcement, price gapped up and then retraced back to the 2 MA line on the daily chart.
2. Decide to go in when the price touched the MA line.

 

Lesson Learnt:

 

1. Price actually went down and touched the low. It showed that this stock is not as strong as expected.
2. Looking at the weekly long term chart, there should still be quite a lot of "shorty" in there.

 

Intraday Chart

 

Historical Chart

13th Feb 2017 - Is MTL = Meant to Lose?!

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
5.89

 

Reason for Buy / Sell / Short / Cover:

 

1. At that time, it came down to touch the bottom of the trend line.

 

Lesson Learnt:

 

1. This stock went down pretty fast. I don't even have a chance to stop a good stop lost. But anyhow, I was supposed to sell after it was down for 5%.
2. Another example of did not cut loses.

 

Intraday Chart

Not Available

 

Historical Chart