Thursday, May 7, 2020

7th May 2020 - Will this be my Internet Banking Machine (IBM)?


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


$121.60
 4th May 2020




Reason to Short
  • It fulfill the pattern that I was looking for.
Lesson Learnt:
  • It fell out of the bottom trend line, but I thought it might fought back somehow. It looks like my purchase line might give me a bit more tolerance.
  • It was quite interesting that the next day, the market actually kind of rally but luckily it weakens late of the day.
Intraday Chart






Historical Chart




No comments:

Post a Comment