Monday, August 23, 2010

Trading Journal: URC (August 23, 2010)

Figure 1: URC Price Chart
Information:
Date Bought: 08/16/2010       Buy Price: 32.90
Date Sold: 08/23/2010           Sell Price: 33.55
% Gain: 6.88%

Reason for Selling:
- Price is at the upper short term trendline resistance.
- Price is already at the oversold area of my indicator (Not shown).
- Market is toppish, may as well protect my profits.

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