29th Aug 2011–Getting your ex back from Friend Finder Network.

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
2.90				2.65

 

Reason for Buy / Sell / Sell Short / Buy Back:

 

1. Intraday 20MA and 50MA lines start to converge and price start to hang on to 20MA lines.
2. Daily chart shows that it is going to come out of the triangle formation -- upwards.
3. Daily MACD looks like just coming up from the central line.
4. Weekly chart shows that the down trend seems to turn. Looks like bottom is there.

 

Lesson Learnt:

 

1. Patient is important to wait for the right price. I was right for not getting into it during the result announcement.

 

Intraday Chart

Historical Chart