Sunday, August 15, 2010

Trading Journal: URC (August 12, 2010)

Figure 1: URC Price Chart
Information:
Date Bought: 08/12/2010   Buy Price: P32.90

Reason for Buying:
- It is now at the lower portion of the Up Channel Pattern.
- The 20MA was acting as a good area of support in the past.
- It is now located near oversold area of my indicator (Not shown in the chart above).

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