9th May 2011–Want to have some orange CitRUS?

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
16.40				14.90

 

Reason for Buy / Sell / Sell Short / Buy Back:

 

1. Good daily and weekly charts where support lines are clearly visible.
2. Good volume entry before end of market may indicates something.
3. It is now testing its downtrend line.
4. Intraday it is now in the tight triangle formation.

 

Lesson Learnt:

 

1. I could have bought at a better price if I have been patient enough to wait until after 12:00am.

 

Intraday Chart

Historical Chart

08th Sept 2010 – Stop loss triggered for CRUS.

Input:

1. Only a pocket change, but remember do not let profit turn into losses.

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses
	16.34

Reason for Buy / Sell / Sell Short / Buy Back:

1. It punched through my stop loss really HARD!

Lesson Learnt:

1. Looking at the chart now. I don't think I will regret selling it. It is going lower at least for now.
2. I have to learn how to set stop loss in a much better way. Given away quite a nice profit back to market.

Intraday Chart

Historical Chart

3rd Sept 2010 - Better than expected Unemployment Report

The unemployment report is out and Bull rally.

Here are some snapshots of the ticker before market. Observe for yourself how accurate the drop or the rise is with respect to the support and resistance line.

Let’s ride the Bull before it ends again and it might end very very soon……       

2nd Sept 2010 – My take on CRUS and JSDA

This is my take on such a Bull night – JSDA and CRUS.

Input:

1. I have been monitoring this strong stock for months waiting for my opportunity.

Buy $	Sell $	Sell Short $	Buy Back $	Stop loss $	Profit / Losses
16.00				14.75

Reason for Buy / Sell / Sell Short / Buy Back:

1. It has been in parabolic increment since Feb.
2. Now it has made his correction by punch thru 200MA line and rebound back.
3. It has a clear buy point at the 200MA line which is $16.00
4. I am able to estimate a stop loss somewhere just below $15.00, which is less than 10% from my purchase price.

Lesson Learnt:

1. Very important. Entry when you think it has high safety net.
2. Enter when you know where you stop loss is.

Intraday Chart

Historical Chart

Input:

1. Have been monitoring this guy for quite some time.

Buy $	Sell $	Sell Short $	Buy Back $	Stop loss $	Profit / Losses
1.02				0.96

Reason for Buy / Sell / Sell Short / Buy Back:

1. I like its long term parabolic shape.
2. Long term chart has indicate that it is already embarking on the Up Trend.
3. It has gone to $0.90 (50MA line) and rebound. Seems to have some support at $1.00.
4. Honestly I don't feel very good about this pick!

Lesson Learnt:

1. -NA-

Intraday Chart

Historical Chart