18 May 2011
GLP
sold 1.93 for a significant loss.
rebounded 50% of the total drop (from historical high to historical low) to 2.04 on 05 Apr 2011 (should have sold near it).
double tops correction formation broken downwards but closed above neck line of this pattern thus breaking down has not been confirmed yet.
SMA120 trending downwards.
EMA15 and SMA30 death crossing.
MACD double death crossings and the 2nd high is lower than the 1st high. MACD histogram trending downwards.
RSI trending downwards.
not shorted since double tops formation has not been confirmed and SMA60 is flat and slightly up.
rebounded 50% of the total drop (from historical high to historical low) to 2.04 on 05 Apr 2011 (should have sold near it).
double tops correction formation broken downwards but closed above neck line of this pattern thus breaking down has not been confirmed yet.
SMA120 trending downwards.
EMA15 and SMA30 death crossing.
MACD double death crossings and the 2nd high is lower than the 1st high. MACD histogram trending downwards.
RSI trending downwards.
not shorted since double tops formation has not been confirmed and SMA60 is flat and slightly up.
Labels: Live Trading Records
