15th Feb 2012 – Pattern Study – Perfect ENERgy Black Hole !

Ticker:

 

1. ENER

 

Topic:

 

1. A perfect ENERgy Black Hole!

 

Lesson Learnt:

 

1. A almost 650% rally from the bottom of $0.20 in ENER turned out to be a perfect ENERgy Black Hole.
2. Any stock technician who got in is sure to get burnt.
3. The only way to avoid this is to invest in fundamental analysis.
4. I was almost in there, but this time I am a bit lucky.
5. Actually there were a few newsletter warning about more solar company are on the verge of collapsed and bankruptcy. May be I should just let go my holding on other solar companies.

 

Intraday Chart

-NA-

Historical Chart

31st Jan 2012 – Pattern Study – Is ENER been ENERgized?!

Ticker:

 

1. ENER

 

Topic:

 

1. Is ENER gaining  back his ENERgy?!

 

Lesson Learnt:

 

1. Intraday shows that it is getting back to up trend.
2. Daily chart shows that it has now successfully overtake the 20MA line and now resting at its 50MA line.
3. Volume was tremendously great. Even more impressive looking at the monthly chart.
4. This can be a very speculative trade. So trade with your own risk. A good entry price is very important.

 

Intraday Chart

Historical Chart

28th Jan 2011 – Pattern Study – ENERgy Conversion Device running out of energy

Ticker:

 

1. ENER

 

Topic:

 

1. A broke of symmetrical triangle to the down side.

 

Lesson Learnt:

 

1. Another chart pattern inside the Bulkowski text book.         ;-)

 

Intraday Chart

-NA-

Historical Chart