For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.

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Thursday, November 5, 2009

Oversold Folks Set For a Rebounce

There are stocks caught in my radar which was oversold recently, and appeared bullish reversal pattern yesterday, below is their total down days with stop loss prices:

Falcon: 12days/0.7
NOL: 13d/1.49
Seroja: 11D/0.49
Sinomem: 10d/0.49
Straitsasia: oversold and sideway for 4 days/1.79, resistance 2.0

The rational I name it out here is: Stocks Never up or down in one straightline.

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