27 July 2017–Weight Lifting is jut not my competency!

 

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
	8.73				3%	20 Days

 

Reason for Buy / Sell / Short / Cover:

 

1. Quarter result announcement coming soon. I don't have much confidence in it even though the chart looks good … after I sell it.
2. My experience for this stock is each time after I purchased it, it will tend to slammed me and showed me all the weaknesses.

 

Lesson Learnt:

 

1. Obviously from the chart, I was totally wrong.
2. The drop did not cross the MA line yet, I did not have a solid case to sell it.

 

Intraday Chart

 

Historical Chart

2nd July 2017 - You pay more if you resubscribe for GNC package!

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
$8.40

 

Reason for Buy / Sell / Short / Cover:

 

1. After selling it off on 16th June to protect my capital, it has went down and retouched the bottom and then bounced back up.
2. The bounce back was quite impressive. It has gone higher than my previous sold price and testing the previous high. Daily chart indicating a bullish flag formation.
3. Long term chart looks very healthy and very positive MACD.

 

Lesson Learnt:

 

1. I did not do the buy back when it retouched the bottom line because it has given me the impression that it is very weak. I need to wait until it show me the strength that I wanted to see.
2. The chart is just too tempting already. I cannot resist it any longer.

 

Intraday Chart

 

Historical Chart