LONG
Entry Date: 8 Nov 09
Bought at $2.59
Exit Date: 11 Nov 09
Sold at $2.81
Trade ROI: +8.49%
Overall ROI: +174.38%
Why I trade?
- Rebounded from classical support
- Candlestick Bullish Reversal
Takeaway:
I should taken half of my profit and let it run on its own (breakout play). In a bull market, resistance tends to break easily. Why? because after a big fall, the rebound impact will always be greater as shortist are covering and hence push up the stocks more.
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