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TOPIC: POG counter-trend daytrade? Long.

POG counter-trend daytrade? Long. 10 Dec 2012 19:33 #1

  • Shotry
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I bought 5000 shares. Set my stop at 314 and limit at 332. I've been out a lot friday pm and today. Neither stop nor limit were triggered Friday. Got a bit nervous this morning as it dropped a little. Had to leave again for 5 hours so I pulled in the limit to 230 to try to be sure it triggered (don't want that money exposed for too long; afterall it was supposed to be a day trade). Wish I'd been in!! I took about 300 profit (after fees/tax etc), but that could have been 800 if I'd been here as I'd moved the limit out as it rose. I'll be looking to re-enter. It finished above 333 which looks bullish to me? What are you're thoughts? Does that lot make sense? Bit annoyed I wasn't around to be honest as it was a nice little trade as you say.
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POG counter-trend daytrade? Long. 10 Dec 2012 15:57 #2

  • jonamacg83
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Did you go for this in the end? If so it looks like it could have been a nice little trade today
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POG counter-trend daytrade? Long. 07 Dec 2012 13:09 #3

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Brave man if you go for it. It does look tempting from your chart, I must say.

I am a little bit perplexed with this - it just go down and down. Finding support is going to be tricky, unless it reaches its previous low from 2008 at 156p (scary!). Definitely one for the long term IMO.
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POG counter-trend daytrade? Long. 07 Dec 2012 09:58 #4

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