22nd June 2017 - Will PJC car plate brings me luck?

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
60.05

 

Reason for Buy / Sell / Short / Cover:

 

1. The chart looks like it is sitting on the MA lines which act as a support line.
2. It had a very good rally at the beginning of the year and it retraced back 50% of its rally and looks like it is ready for the next rally.

 

Lesson Learnt:

 

1. Did not expect it to be so weak.
2. It is a low volume stock, so risk is higher.

 

Intraday Chart

 

Historical Chart