UOB

Posted On 5:12 AM by Ng Leong Yee |



SHORT


Entry Date: 03 July 09
Bought at $15

Exit Date: 15 July 09
Sold at $14.24

Trade ROI: -5.07%
Overall ROI: -6.61%

Why I trade?

  1. MACD 4g1r
  2. Price resisted at 20MA
  3. Lower high lower low

Takeaway:
I should avoid shorting in a bull market as the correction was only a short term. If you turn on the monthly chart, you will see a broader view of the market.

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