30th Oct 2010 – Weekly Position Review

BP (SHORT)

Input:

 

1. Short term chart shows that position might be in danger.
2. Above 20MA and 50MA line in intraday chart is not good for me as a "SHORTER".
3. Long term chart shows that it is still within the down trend line and also the 20MA line.

 

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

 

Reason for Buy / Sell / Sell Short / Buy Back:

 

1. -NA-

 

Lesson Learnt:

 

1. There are still a lot to learn on how to short at the best optimum price.

 

Intraday Chart

Historical Chart

 

 

JSDA (LONG)

Input:

 

1. Everything seems to be on track.
2. Currently it retraced back to the intraday 20MA line which is what I expected as healthy for more rally next week.
3. Daily chart shows that it has resistance at the trend line at $1.30.
4. Daily chart shows that it has support at 20MA and 100MA line.
5. Weekly chart shows that it has a good mental support at $1.10.

 

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

 

Reason for Buy / Sell / Sell Short / Buy Back:

 

1. -NA-

 

Lesson Learnt:

 

1. My purchase point can be polished to be better.

 

Intraday Chart

Historical Chart

AONE (LONG)

Input:

 

1. Weekly chart MACD looks good.
2. Intraday pull back shows good extra loading point, if got $$$.
3. Intraday chart shows price is currently supported by 20MA and 50MA line and the uptrend line.
4. Another break above $10.00 will indicate strong long term rally.

 

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

 

Reason for Buy / Sell / Sell Short / Buy Back:

 

1. -NA-

 

Lesson Learnt:

 

1. Again, improvement needed for entry timing.

 

 

Intraday Chart

Historical Chart