May 4, 2010

Victim of an EZRA whipsaw. FML

I bought at 2.05 and the next day it did a technical rebound to $2.10. However I didnt sell, thinking I should hold on a little longer. I set at 1.99 as a cut loss price only to drop further to 1.96 and rebounded up to 2.02 on news that EZRA was overly sold without a solid reason.

Sometimes, shit happens. FML.

1 comment:

Anonymous said...

Ezra is having a double tops formation, so the support at 2.06 is not holding.