My Trading Adventure

Stock Alert : HengYuan

CP TEH
Publish date: Tue, 16 Jan 2018, 08:59 AM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.


HengYuan : Before the yesterday's selldown ... remember the black-candle day? It went down minus 10% after hitting new high!! Very volatile ... and many sharks inside.


HengYuan after the selldown yesterday. I managed to day-trade this one and earn some dinners. This is not for inexperienced traders .... with fainted-heart.

Technically, it is a SELL ... closed at RM15.14.

I shall watch if this will dive further ... another 10% down would trigger margin-calls in many greedy retailers. Then, buy during the forced-selling moment. There are still many believing it is 'under-valued'.

TEH




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Discussions
Be the first to like this. Showing 3 of 3 comments

Flintstones

This will not end well

2018-01-16 09:48

CharlesT

Backside gatal again..

2018-01-16 09:50

Flintstones

For once i agree eith him, another 10% drop will trigger margin call. He is asking people to enter after that

2018-01-16 09:50

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