8th Jan 2011 – Pattern Study - JSDA

Ticker:

 

1. JSDA

 

Topic:

 

1. Trend is your FRIEND!

 

Lesson Learnt:

 

1. Long term chart and daily chart has shown so many safe entry points.
2. Tonight intraday chart has confirmed another upbreak of the trend line.
3. OBV and MACD both are looking healthy.
4. Strongly believe that there are still lot more room to go up.
5. Price has gone above all the MA lines.

 

Intraday Chart

Historical Chart

3rd Nov 2010 – Acidic Soda… JSDA

Input:

 

1. This example shows a BAD example of stop loss management.
2. Stock came back stink me and pops back up.
3. Earning calls on 11th Nov, should I get it back??!!

 

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

 

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

 

1. Stop loss hit.

 

Lesson Learnt:

 

1. I was too confident that this stock will not come that close.
2. I need to improve a lot on stop loss management.

 

Intraday Chart

Historical Chart

30th Oct 2010 – Weekly Position Review

BP (SHORT)

Input:

 

1. Short term chart shows that position might be in danger.
2. Above 20MA and 50MA line in intraday chart is not good for me as a "SHORTER".
3. Long term chart shows that it is still within the down trend line and also the 20MA line.

 

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

 

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

 

1. -NA-

 

Lesson Learnt:

 

1. There are still a lot to learn on how to short at the best optimum price.

 

Intraday Chart

Historical Chart

 

 

JSDA (LONG)

Input:

 

1. Everything seems to be on track.
2. Currently it retraced back to the intraday 20MA line which is what I expected as healthy for more rally next week.
3. Daily chart shows that it has resistance at the trend line at $1.30.
4. Daily chart shows that it has support at 20MA and 100MA line.
5. Weekly chart shows that it has a good mental support at $1.10.

 

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

 

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

 

1. -NA-

 

Lesson Learnt:

 

1. My purchase point can be polished to be better.

 

Intraday Chart

Historical Chart

AONE (LONG)

Input:

 

1. Weekly chart MACD looks good.
2. Intraday pull back shows good extra loading point, if got $$$.
3. Intraday chart shows price is currently supported by 20MA and 50MA line and the uptrend line.
4. Another break above $10.00 will indicate strong long term rally.

 

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

 

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

 

1. -NA-

 

Lesson Learnt:

 

1. Again, improvement needed for entry timing.

 

 

Intraday Chart

Historical Chart

22nd Oct 2010 – Is it Stupid to go long at this time?

Input:

 

1. After I readjust the way I track my watch list, this is the first stock that I go long when the alert triggered.
2. Is it STUPID to go long at this time?

 

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses
1.10

 

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

 

1. Bought this stock before but let go when I thought that it was going to go down further, but after some time it shot up high.
2. This is one of the stock that I set the alert and let the system track for me.

 

Lesson Learnt:

 

1. I should have wait first even though the alert setting was hit. Wait to see any pattern of life that it will start to go up. If I have waited I could have got in with a safer price.

 

Intraday Chart

Historical Chart

08th Sept 2010 – Was I right on my JSDA decision?

As you can recall, here is my purchase of JSDA.

**My take on JSDA

And then here is my sell on JSDA.

**My sell on JSDA

Was my decision correct or am I kicking my own butt??

Input:

1. Looks like my decision on JSDA was correct.
2. Let us monitor whether it will hit $0.90.

Lesson Learnt:

1. Monitor index closely at all time.
2. When your holding did not move the way that you wanted it to move for a certain period of time. Let it go!

Intraday Chart

Historical Chart

08th Sept 2010 – Sold my JSDA.

Input:

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses
	1.0101

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

1. Market seems to do correction as expected.
2. I have been holding it for a week without much +ve progress.
3. I don't want to take any risk anymore.
4. I think I can gain better at other counter or maybe buy it back at a much lower price.

Lesson Learnt:

1. I don't know… This kind of stock is hard to trade. I could be terribly wrong selling now.

Intraday Chart

Historical Chart

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