Here's the Weekly Chart








Here's the Daily Technical Chart.








3 months chart
Noticed how the doji sat exactly at the resistance-turned-support line?
That was what I was betting on,






Trade Details

21 May, 2008 - LONG  CBD @ $45.70 x 100
21 May, 2008 - Stopped  @ $45.10
P/L : - 2%



Comment:-

The Market (SPY) wasn't in a oversold region.
Maybe i shouldn't have jumped in, and should have waited for the market to be in an Oversold state before i get in the market.