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5 comment(s). Last comment by TA_BULLPLAY 2021-12-01 17:49
Posted by Anaconder > 2021-12-01 15:55 | Report Abuse
Chart can be manipulated, so don't believe too much
Posted by Junichiro > 2021-12-01 16:24 | Report Abuse
we are dealing with the probability of possibilities. Could the rebound be wave 4? And making another leg down ? So much unknowns. Those who bought and sold on the same day would probably have made money.
Posted by TA_BULLPLAY > 2021-12-01 17:47 | Report Abuse
@Anaconder Yes I agree, same goes to financial accounts. One thing I believe in chart is, 1 or 2 days candle can be manipulated, but a trend can never be manipulated. all the transaction and volume can be fake, 1 or 2 days yes, but not 1 or 2 months. That's what I love about chart!
Posted by TA_BULLPLAY > 2021-12-01 17:49 | Report Abuse
@Junichiro yeap, honestly speaking, buy and hold is definitely not the strategy to apply in a downtrend counter. Hit and run maybe better, provided u know when to get out. For glove, at least I'm looking for a bottoming first, then only we analyse when the reversal going to kick in. Cheers!
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Mercury Securities Research
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The Alpha Trader
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CS Tan
4.9 / 5.0
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....
bigfu
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Posted by bigfu > 2021-12-01 09:06 | Report Abuse
Total Net Short Position for 29/11/2021
TOP GLOVE CORPORATION BERHAD 171,105,225
KOSSAN RUBBER INDUSTRIESBHD 49,718,265
SUPERMAX CORPORATION BERHAD 30,945,239