Thursday, June 1, 2017

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:temp

     

    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

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    Historical Chart

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