Wednesday, February 15, 2012

15th Feb 2012 – Pattern Study – Perfect ENERgy Black Hole !

index Ticker:

 

  1. ENER

 

Topic:

 

  1. A perfect ENERgy Black Hole!

 

Lesson Learnt:

 

  1. A almost 650% rally from the bottom of $0.20 in ENER turned out to be a perfect ENERgy Black Hole.
  2. Any stock technician who got in is sure to get burnt.
  3. The only way to avoid this is to invest in fundamental analysis.
  4. I was almost in there, but this time I am a bit lucky.
  5. Actually there were a few newsletter warning about more solar company are on the verge of collapsed and bankruptcy. May be I should just let go my holding on other solar companies.

 

Intraday Chart

-NA-

 

Historical Chart

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