Buy $ | Sell $ | Sell Short $ | Buy Back $ | Stop Loss $ | Profit / Losses | Duration |
51.00 |
|
|
| 45.60 |
|
|
Reason for Buy / Sell / Short / Cover:
- Long term monthly chart shows that it has again dropped back near to its long term uptrend line.
- Daily and weekly chart shows that the entry should be pretty save.
Lesson Learnt:
- Before the earning announcement, it was rallying. After earning announcement, it dropped and created this opportunity for entry.
- Long term uptrend still look healthy and looks like it should continue its uptrend.
- This should be a pretty strong stock and it is already 50% below its all time high.
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