My first Stochastics learning experience:
I began this thread in January, having bought CREAF in December.
Since I bought CREAF, it has
gone up to 22,
gone down to 16
gone back up to 22,
gone down to 15,
gone up to 25
The stochastics have been above 80 for some time, and it now appears
headed down. I sold my CREAF today, anticipating it going lower. I
only made about $1/share, but it's been a great learning experience.
In the future, I would try to purchase a stock 10% below what it is
trading at when I'm thinking about buying it. If it hits that price and goes up, I would make more. If it hits that price and goes lower,
I would lose less. If it doesn't hit that price at all, I would look for another stock.
The stock I'm currently looking at is YELL. What do you think of
placing an order to buy it at 18? |
