
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?
- MACD 4g1r
- Price resisted at 20MA
- 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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