What do I missing on FMCN

RedCedar · 发表于 2009-12-10 01:00 AM

LaoDas, Please help take a look at FMCN

After spend hrs search yesterday night, I thought i found a good candidate stock FMCN to SHORT.
But it turns out today is good for long on it. What do I missing on it's chart (excluding today's price bar) ?
Thanks!

CoolMax · 发表于 2009-12-10 01:53 AM

Nothing wrong, it was a good short setup. I agree.
Just bad luck.

RedCedar · 发表于 2009-12-10 10:22 AM

Thanks CoolMax!

nobo · 发表于 2009-12-10 06:22 PM

Strong uptrend on hourly chart. Above MA 50. I wouldn't even think about it.

RedCedar · 发表于 2009-12-10 10:30 PM

Right, I was qiuckly gave up the short.

RedCedar · 发表于 2009-12-15 01:29 PM

Shorted yesterday @ 17.25 and covered it this morning @ 16.99.
Tried short it again after I covered it, but the order was cancelled by broker due to
not available shares. It is tough to do the short trade.

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[原创] What do I missing on FMCN