25th Jan 2011 – Pattern Study - IBCP

Ticker:

 

1. IBCP

 

Topic:

 

1. A dangerous risky take.

 

Lesson Learnt:

 

1. This lesson tells me again that I need to wait for the price to come to MA support line. Don't be rush by  the adrenalin.
2. Should have follow the Fibonnaci rule.
3. Looks like there is much more to drop.
4. Really don't know how to set stop loss in this kind of stock.

 

Intraday Chart

Historical Chart