21st April 2012 – YOKU’s movie not good for health.

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
	23.30				Profit	10 days

 

Reason for Buy / Sell / Short / Cover:

 

1. Stop loss got triggered while I was sleeping.       
2. Intraday chart show weakness. Intraday support line @ $23.50 is no longer strong enough to hold the drop.

 

Lesson Learnt:

 

1. We might be able to pick it up again when it comes to its 100MA line support at its daily chart @ $22.00. That is where the 20MA support line for its monthly chart too.
2. Monthly chart actually told us that YOKU has a resistance at $25.00. I should have put a tighter stop loss near there to protect more gain.

3. Again, my stop loss setting need improvement.

 

Intraday Chart

Historical Chart

20th April 2012 – YOKU’s nice movie makes me come back for more.

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
22.10				23.30

 

Note:  Stop loss has been revised because I post this one week later after purchase date.

 

Reason for Buy / Sell / Short / Cover:

 

1. Multiple bottom at the intraday chart and suddenly a gap up from it low.
2. When earning is out, the price gapped up high from $25.00 to $32.00 and then sliding down each day.
3. The price actually went all the way down until close to 100MA line.
4. Daily chart MACD start to turn back up.
5. Monthly chart clearly show that the price came down and touch on its monthly 20MA line and it has a nice "W" shape from Oct to Jan time frame which is a good bottoming indicator.

 

Lesson Learnt:

 

1. Don't chase even if it gapped up after earning. Worst come to worst, earn less.     ;-)

 

Intraday Chart

Historical Chart

13th March 2012 – Pattern Study - “W”orld Cup with Handle!

Ticker:

 

1. YOKU

 

Topic:

 

1. A special "W" cup with a handle.

 

Lesson Learnt:

 

1. There are so many buy points in this special "W" cup with handle chart.

 

Intraday Chart

Historical Chart

18th Jan 2012 – Pattern Study - YOKU

Ticker:

 

1. YOKU

 

Topic:

 

1. My "darling" stock is back on track again.

 

Lesson Learnt:

 

1. Daily chart shows that the price is now back above all MA lines.

2. It is now testing the resistance line again.
3. It has a double bottom on the month of Nov 2011. Bottom seems to be in already.

4. Expect buyer to rush in once resistance line is taken down.

 

Intraday Chart

-NA-

Historical Chart

25th Aug 2011–YOKU… we are watching you!

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
24.00				19.87

 

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

 

1. Bull and Bear are fighting and the average price line is around $24.00.
2. There is healthy sign that bull is back in at the intraday chart trying to pull this stock higher.
3. Daily chart seems to form a triangle pattern and now the price has just poke up from the tip of the triangle.
4. Weekly chart shows something that looks like the Elliot wave formation (which I am yet to read on the textbook).

 

Lesson Learnt:

 

1. My entry point is still weak. I should have set the buy point at the intraday 20MA line.
2. Be careful, Steve Job just resigned after the market, this might cause some trouble to the market.

 

Intraday Chart

Historical Chart

20th July 2011–Astalavista… I am back.

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
33.70				31.84

 

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

 

1. Intraday chart shows a gap up to the down trend line and its 20MA line. A bullish indicator.
2. Market was very bullish from the start.
3. Daily chart shows that it is now resting at its 20MA line.
4. Long term chart shows that it has just completed the 50% retracement for its Fibonacci. Consider as a safer entry point.

 

Lesson Learnt:

 

1. This is another self-learn lesson on buying at daily 20MA line.
2. It is really hard to sit on my both hands when this stock keep going up previously.
3. I don't dare to buy in when it punched through its daily 20MA line yesterday, but then this could be a good practice.

 

Intraday Chart

Historical Chart

16th June 2011–I am back

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
27.60				25.85

 

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

 

1. Weekly chart shows that it has come to its IPO price.

 

Lesson Learnt:

 

1. Looks like I am a bit too early in my entry. I should have waited maybe till Friday for this entry.
2. It had dropped back 100% in just 2 months. I did not expect it to be so weak.

 

Intraday Chart

Historical Chart

14th June 2011–Pattern Study–China stocks hit bad.

Ticker:

 

1. YOKU, DANG, MOBI, RENN

 

Topic:

 

1. Many China stocks are hit bad.
2. Many below its IPO price.

 

Lesson Learnt:

 

1. FXI is at critical junction.
2. I read on MarketWatch before an article by an editor and he was very bearish on all China stocks before this happen. I could not find it now.
3. Anyway, this is how opportunity is going to be created for LONG position in near future. Watch FXI and all indexes carefully for entry in all these interesting stocks.

 

Intraday Chart

-NA-

Historical Chart

08th June 2011–Stop loss has done it again!

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
	40.60					~ 4 months

 

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

 

1. Stop triggered while I am back at home town.

 

Lesson Learnt:

 

1. This is how important stop loss is.
2. Nice profit pocketed!
3. Follow closely this stock, more profit in very near future.
4. I could have pocketed much much more profit, but I had decided to let it have more room to play out. Anyway, I did not expect it to be this weak and was dragged down badly by the indexes.

 

Intraday Chart

Historical Chart