Buy $ | Sell $ | Sell Short $ | Buy Back $ | Stop Loss $ | Profit / Losses | Duration |
16.67 |
|
|
| 15.55 |
|
|
Reason for Buy / Sell / Sell Short / Buy Back:
- It burst up from its 20MA and 50MA intraday line after I sold it two days ago.
- I sold it 2 days ago because it start to broke the intraday triangle formation. The next day it actually went down to $15.70.
- Looks like I need to be smarter this time in the stop loss point.
Lesson Learnt:
- Looks like I might get sting twice in this stock.
- Chart wise $16.00 is the best entry price.
- DJIA actually went down more than 100 points. I should have wait for sign of life in the intraday rather than set a price to get it. My entry again is very weak.
- Weekly chart still look healthy.
- This stock might be a bit hard to trade, worry about its spike. Let's see how I get this one right. ;-)
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