Divergence Trader

How I Managed my Trade - Ezion Holding (Short Sell)

Francis Chua
Publish date: Tue, 02 Dec 2014, 02:07 PM
Francis Chua
0 10,452
To find the truth, look below the surface

With the recent sell on oil & gas related counters, Ezion holding was not spared. In fact, Ezion holding was the top volume and top losers for yesterday trading day.

The stock was in free-fall from 1.465 to 1.095. However yesterday night, crude oil managed to recovered from the low $63.72 and closed at $69. I can sense some short selling opportunity on Ezion holding if there are a buy in the morning.

Ezion popped up at the open and then choked up, I had identify the sellers will be at 1.185. I entry short sell at $1.19.

Let me share with you my entry and exit charts...

EZION SOLD Chart

Ezion SHORT

EZION BUY

 

The trade was working out well. But I have learnt my lesson. a powerful English word “Enough”.

I covered back at $1.155

3.5 cents profit.

Best wishes,

Divergence Trader

 

 

The post How I Managed my Trade – Ezion Holding (Short Sell) appeared first on Divergence Trader.

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