Figure 1: MWC Price Chart
Information:
Date Bought: September 21, 2010 Buy Price: 18.66
Remarks:
I made a mistake on buying MWC at 18.66. This was the high for that day. My mistake here was that I forgot to check out the volume transacted for that day (below average) and that the long bodied candlestick pattern was just a false breakout move. Anyway, I am still holding on to this stock because it is forming a possible symmetrical triangle, its already at the oversold level, and then its overall trend direction is upward.
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