28th Feb 2011 – Pattern Study - F

Ticker:

 

1. F

 

Topic:

 

1. Previous resistance is current support.

 

Lesson Learnt:

 

1. Always find out where was the previous strong resistance line is because once it is crossed it is now the strong support line.
2. In this case F has a strong support line at $14.50 and furthermore it came with a trend line support.
3. Just kick yourself if you miss the entry.

 

Intraday Chart

-NA-

Historical Chart

22nd Feb 2011 – Pattern Study - F, FFIV, AMZN, AZO, TGA

Ticker:

 

1. F, FFIV, AMZN, AZO,TGA

 

Topic:

 

1. SHORTs that I "knew", but not taken at all.

 

Lesson Learnt:

 

1. These are the profitable SHORT candidate that I was watching but without action taken. Those points that I pointed out are the points that I had in mind to place my SHORT.
2. You have to be confident with your pattern recognition and take the shot. Set the stop loss and let it play out.

 

Intraday Chart

-NA-

Historical Chart

11th Feb 2011 – Pattern Study – Have you driven a Ford lately?

Ticker:

 

1. F

 

Topic:

 

1. Double Top

 

Lesson Learnt:

 

1. Quarterly report out, trend line broken and double top formation confirmed --- You just have to let it go.
2. Will there be the next shorting point as shown in the chart?

 

Intraday Chart

Historical Chart

28th Oct 2010 – Nice Car!