Wednesday, July 20, 2011

20th July 2011–Let’s rob Citibank again!

Buy $

Sell $

Sell Short $

Buy Back $

Stop Loss $

Profit / Losses

Duration

38.00

 

 

 

35.43

 

 

 

imagesReason for Buy / Sell / Sell Short / Buy Back:

 

  1. It has punched through the downtrend trend line and come back up rebound after making a short term double bottom and now it is sitting on the trend line again.
  2. It has announced its quarter report, should not see much volatility.

 

Lesson Learnt:

 

  1. Again, I am not patient enough to wait for my entry. Market was very bullish in the start and keep going strong.
  2. I should have know better that at price $38.00, there is the 20MA line that is blocking. A temporary wait will normally get me a better price entry.

 

Intraday Chart

clip_image001

 

Historical Chart

clip_image002

No comments:

Post a Comment