Saturday, February 25, 2012

25th Feb 2012 – CYOU at the top !

Buy $

Sell $

Sell Short $

Buy Back $

Stop Loss $

Profit / Losses

Duration

26.50

 

 

 

24.60

 

 

 

temp Reason for Buy / Sell / Short / Cover:

 

  1. It has made quarterly announcement early Feb. Price took a dip from its previous good rally and now it stabilize and start to follow the movement of 20MA line.
  1. Intraday chart shows tht price seems to have support at $25.20.
  2. Long term chart shows that price has managed to get on top of resistance line.

 

Lesson Learnt:

 

  1. Always wait for the price to come back to the MA line. Don't chase the train!

 

Intraday Chart

clip_image001

 

Historical Chart

clip_image002

 

clip_image003

No comments:

Post a Comment