Ascendentreits

Posted On 5:55 AM by Ng Leong Yee |




LONG


Entry Date: 26 Oct 09
Bought at $1.83

Exit Date: 10 Nov 09
Sold at $1.86

Trade ROI: +1.64%
Overall ROI: +165.89%

Why I trade?

  1. Resting at resistance turn support (If you notice whenever the price hit 50MA, it rebounded)
  2. Candlestick reversal
  3. MACD 4r1g
  4. Stochastic oversold

Takeaway:
I was late to react on the candlestick reversal signal and end up losing 50% of the profit.

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