| Buy $ | Sell $ | Sell Short $ | Buy Back $ | Stop Loss $ | Profit / Losses | Duration |
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| 520.00 |
| 542.45 |
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- Intraday shows that it start to get weak where it was traded lower than its range bound two days before.
- Earning just release, so there should be very minimum surprise to the upside.
- Its daily 20MA line act more like a resistance line.
- A clear double top can be seen in the weekly chart.
- Its weekly 20MA line is now its resistance line. At April and July it poke down thru its weekly 20MA line twice.
Lesson Learnt:
- Sell short at its intraday 50MA line. This is a very strong stock so it should be able to get up to the 50MA line before it came back down. Don't rush to short it.
- This is a strong stock, so be ready to run if things goes wrong.
** Special Note: This post is specially dedicated to my good friend – Boon Leong.
| Intraday Chart |
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| Historical Chart |
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