Now… don’t do this at home without your parents guidance. It can be lethal.
Input:
- This is a tough call. I am actually trying to find and predict the TOP. Might not be a good thing to do at all.
| Buy $ | Sell $ | Sell Short $ | Buy Back $ | Stop Loss $ | Profit / Losses |
|
|
| 40.80 |
| 41.56 |
|
Reason for Buy / Sell / Sell Short / Buy Back:
- Short term chart shows weakness. MACD trending down.
- SMA(20) curving down.
- Short term up trend line also been punch through.
- Long term chart shows big resistance by 200MA and 50MA line.
- Long term chart candle stick looks like a isolation island to me.
- Short term SPY chart told me that I should be safe to go in now.
Lesson Learnt:
- I think it is safer to short at this position.
- I found that many stocks (even other than financial stocks) are making lower high and lower low.
- Even though few financial stocks are making high but they keep on been cap down by resistance. Can't really go much higher.
Intraday Chart
Historical Chart
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