Bullish marubozu on good volumes @ Nov-14 / Dec-14 support levels. Placed an order but there was a sudden surge in price and the limit order never got executed.
Gap open. Until the last hour, it was going to be a shooting star with a long shadow - in fact though it might close lower at one point. Planned an entry but @ 3.20 stock made a surge to reduce shadow length. Not sure of this one...turning bullish from 50-50?!
Bullish marubozu on good volumes @ Nov-14 / Dec-14 support levels. Placed an order but there was a sudden surge in price and the limit order never got executed.
Was looking good for the first hour or so. Long upper shadow as all gains wiped off to close in the red. Not tracking this further unless there's something exciting.
Stop loss hit @ 418.2 by a sudden surge in 2nd half of the day. Bad call. Looking back, maybe I jumped too early into the trade - there doesn't seem to be a convincing uptrend before the piercing pattern (past 2 weeks were more of a sideways trend).
Downtrend started in first week of March.
On 11th, broke ad closed above the 3rd downtrend line
On 12th, stock closed above the previous swing high of 447.
9 day EMA > 26 day EMA
MACD signal line crossover valid
Downtrend followed by a spinning top with long lower shadow on 12th
Followed by a Green day today - with close higher than that on 11th. Long upper shadow though.
