4th May 2011–When DBLE don’t get double up …..

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
	9.35				Profit	1 Month & 2 Weeks

 

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

 

1. Intraday support line is broken.
2. Daily trend line also broken.
3. Move the stop loss up and … of course it triggered.

 

Lesson Learnt:

 

1. Actually my stop loss should be set at range of $9.50 - $9.75.
2. Weekly chart still looks healthy. It is ok. We will get it back later.

 

Intraday Chart

Historical Chart

23rd March 2011–Can the DBLE DOUBLE ?!

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
8.36				8.08

 

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

 

1. Intraday chart is beautifully curved and looks settle down very well.
2. Daily chart shows that there seems to be a strong invisible support line at around $8.20.
3. Daily chart MACD started to curve upward. However, weekly chart shows weakness. Pay close attention to it.

 

Lesson Learnt:

 

1. I was setting a limit buy at $8.20, but I lost my patient and buy it at $8.36. After I bought it, later is actually went lower then $8.10. My entry timing is still not "perfect"

 

Intraday Chart

Historical Chart