28th Feb 2011 – China Fire & Security Inc. is on FIRE

Ticker:

 

1. CFSG

 

Topic:

 

1. China Fire & Security is on FIRE !!!

 

Lesson Learnt:

 

1. When you get into the multiple bottom, set a appropriate stop loss and obey the rule. The rebound might be very short life and the drop can be bad.
2. If multiple bottom rebound failed the MA line, get ready to exit at all cost.

 

Intraday Chart

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Historical Chart