Input:
- This is a "new-kid-on-the-block".
- Bottom seems to set in already - at $6.5
| Buy $ | Sell $ | Sell Short $ | Buy Back $ | Stop Loss $ | Profit / Losses |
| 9.31 |
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Reason for Buy / Sell / Sell Short / Buy Back:
- Weekly chart looks like breaking the downward trend already.
- Weekly chart also shows that it has just completed the consolidation phase.
- Weekly chart also shows that it is now sitting on the 20MA as support line.
- Long term chart MACD looks good.
Lesson Learnt:
- From the daily chart, clearly see that if I could have waited for it to touch the 50MA line, I will be in much better position. It shows again, my patient is not there yet.
- Just found out from FINVIZ that the Montley Fool comment was bad on this company. Refer to 10/13/2010 note.
| Intraday Chart |
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| Historical Chart |
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