17th Feb 2017 - Too near to the Sun cause sun burnt!

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
	7.04				-0.5%	25

 

Reason for Buy / Sell / Short / Cover:

 

1. After buying it for 25 days, the stock has recovered back to my purchase price, but suddenly weakness set in again. I decided to protect my capital and sell it.
2. Normally for a company that is expecting good quarterly earnings announcement, the stock price should be reflect its strength.

 

Lesson Learnt:

 

1. That was a good call. After earning announcement, the price tank like submarine.
2. I was actually thinking about shorting it after selling it, but decided not to do that since it is too near to earning announcement.

 

Intraday Chart

 

Historical Chart

22nd Jan 2017 - The long forgotten SunPoWeR!

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
7.07

 

Reason for Buy / Sell / Short / Cover:

 

1. MACD has been on uptrend for quite  a while.
2. Long terms chart looks like it has arrived at the bottom.
3. Short term daily chart showing sign of pickup.

 

Lesson Learnt:

 

1. Need to be patient enough for it to reach the trend line.
2. Earning on 16th Feb 2017. May need to let go before that.

 

Intraday Chart

 

Historical Chart