Buy $ | Sell $ | Sell Short $ | Buy Back $ | Stop Loss $ | Profit / Losses | Duration |
7.96 |
|
|
| 7.30 |
|
|
Reason for Buy / Sell / Sell Short / Buy Back:
- Intraday chart shows that it is starting to trend upwards.
- Friday night shows that it has broken out from the intraday downtrend.
- Daily chart shows that a healthy uptrend is forming. All the secondary indicators like MACD, TMF and RSI are on the uptrend.
- Price lie just below its daily 20MA line.
- It has just completed the double bottom formation on the weekly chart.
- Weekly chart also shows that it just broken out from the long term down trend line.
Lesson Learnt:
- Volatility and price fluctuation is still expected on stock like this. Watch out carefully.
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