20th April 2012 - “A” play trick with me.

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
	41.60				Profit

 

Reason for Buy / Sell / Short / Cover:

 

1. Set a stop loss right underneath the daily mountain shape support line.
2. Got hit, triggered and the stock price rebounded back.      ;-(

 

Lesson Learnt:

 

1. This could be a pretty bad stop loss.
2. Should have sold it when it first broke down from the daily 50MA line.
3. Anyway, there is potential shorting opportunity once it rebound back to around $44.00. A potential head-n-Shoulder in the making.

 

Intraday Chart

Historical Chart