Friday, February 17, 2017

17th Feb 2017 - Could this the YUMmy China trap?

    Buy $

    Sell $

    Short $

    Cover $

    Stop Loss $

    Profit / Losses

    Duration

    26.80

     

     

     

     

     

     

     

    tempReason for Buy / Sell / Short / Cover:

     

    1. The stock seems to be able to take the hit from its quarter announcement. Actually the announcement was on positive side, not sure why the stock was hit somehow.

     

    Lesson Learnt:

     

    1. Get out to protect my capital seems to be the correct choice.
    2. Now I buy back at slightly lower price compared to my previous purchase.
    3. Watch carefully, MACD still on downtrend.

     

    Intraday Chart

    clip_image001

     

    Historical Chart

    clip_image002

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