Weight Lifting is not fun…

 

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
	8.73				3%	20 Days

 

Reason for Buy / Sell / Short / Cover:

1. Quarter result announcement coming soon. I don't have much confidence in it even though the chart looks good … after I sell it.
2. My experience for this stock is each time after I purchased it, it will tend to slammed me and showed me all the weaknesses.

 

Lesson Learnt:

1. Obviously from the chart, I was totally wrong.
2. The drop did not cross the MA line yet, I did not have a solid case to sell it.

 

Intraday Chart

 

Historical Chart

Hulala….

Weight lifting is just not my competency…

 

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
	8.73				3%	20 Days

 

Reason for Buy / Sell / Short / Cover:

1. Quarter result announcement coming soon. I don't have much confidence in it even though the chart looks good … after I sell it.
2. My experience for this stock is each time after I purchased it, it will tend to slammed me and showed me all the weaknesses.

 

Lesson Learnt:

1. Obviously from the chart, I was totally wrong.
2. The drop did not cross the MA line yet, I did not have a solid case to sell it.

 

Intraday Chart

 

Historical Chart