Sunday, August 22, 2010

Trading Journal: JGS (August 20, 2010)

Figure 1: JGS Price Chart
Information:
Date Bought: 08/20/2010         Buy Price: 17.90

Reason for Buying:
- Already located at the price channel support.
- It is very near a support area located around 18.00.
- The 20 MA is acting as an area of support.
- Base on my indicators JGS is already oversold (Indicator not shown).

2 comments:

  1. What's your Target price on this sir? I have been holding JGS since 8/6 @18.28 haha. My entry/exit strategies are still bad. I hope to learn more from you.

    Btw, thanks for the reply on my earlier comment. I am using a mac, and PSEGet is not compatible. Any other way to get PSE data for free?

    My blog is linked to my sign-in name here. It's ok for you to visit, but I do warn you, it's a blog of a newbie trader. :P

    Regards,
    ScIoN

    ReplyDelete
  2. Bro, my initial TP is around 18.63. For now it is still under observation. As we can see the local market is about to correct soon. =)

    ReplyDelete