Buy $ | Sell $ | Sell Short $ | Buy Back $ | Stop Loss $ | Profit / Losses | Duration |
26.50 |
|
|
| 24.60 |
|
|
Reason for Buy / Sell / Short / Cover:
- 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.
- Intraday chart shows tht price seems to have support at $25.20.
- Long term chart shows that price has managed to get on top of resistance line.
Lesson Learnt:
- Always wait for the price to come back to the MA line. Don't chase the train!
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