My Trading Adventure
Stock Watch : LionInd
CP TEH
Publish date: Tue, 28 Aug 2018, 11:46 AM
CP TEH
0 2,918
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.
LionInd : one of the hot-stock in play ... today most steel-counters down, so obviously LionInd down too. For investors, this is a good pullback from Rm1.25 to collect at 95cents. Hit 94cents low so far, so ... yup, 95cents done. If you are stuck above RM1.20 ... or RM1.10 ... or RM1 ...time to buy?
How about those stuck up there ... RM1.50 ... RM2 and above? That would be a loooong term investor. Or accidental investors, we called them. Want to trade but get stuck ... reluctant to cutloss and stuck for years, still holding.
Well ... I have no interest to elaborate on LionInd as I hv little knowledge on steel-companies and their fundamentals. So ... trade what I see ... come down to support, buy. Rebound = sell.
TEH
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Be the first to like this. Showing 3 of 3 comments
Lionind shoot up from a low of 61.5 (9/7/18). It wont be a surprise if the current correction could take it down back to around 80c.
2018-08-28 18:18
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Fortune Bull
Dude, it's still going down! It's falling knife now! But i guess cutting loss is your forte!
2018-08-28 13:10