Sunday, October 3, 2010

Trading Journal: RLC (September 24, 2010)

Figure 1: RLC Price Chart
Information:
Date Bought: September 21, 2010          Buy Price: 15.88
Date Sold: October 1, 2010                    Sell Price: 16.66
% Gain: 3.77 %

Remarks:
I sold this stock because it goes above my initial swing target price. Then the volume is below average even though it was able to produce a long white bodied candlestick. This is not very convincing then the price has reach the overbought area of my indicator.

No comments:

Post a Comment