I sent out a live trading signal to members on 5 Oct (Last Monday) at ard $0.172/173 (as shown in intraday chart below) and also made a live trading call on InvestingNote Estimation (https://www.investingnote.com/posts/2103741) , entry price 0.172, target 0.190. After my call in the morning, price shot up to 0.183 within the same day, and hit 0.205 on 13 Oct, a potential profit of 18.4% in ard 1 week time.
My live trading signal to members and on IN estimate for Aspen can be found below:
After the ROCKET move of ASPEN, many mkt participants start to look at it. I receive a lot phone calls and msg via whatsapp, sms and wechat, asking what should we do after the strong move? Below is what I think for now:
From the big chart pattern, ASPEN just started a nice mid-term rebound, quite likely to rebound some more give time. If you don’t have ASPEN position in hand, may monitor closely and look out to enter if you can find a low risk setup. However, as price just hit 0.200, spread change from 0.001 to 0.005, suddenly become 5 times, the resistance at 0.2-0.215 level is quite strong, we need to be cautious if want to open long position. The % of stop loss also will become high, if you take a tight stop loss of $0.015, will still be ard 7%, quite high. But as it still got potential to go up further, definitely worth our monitoring and actively looking out for good entry.
If you still have ASPEN long position in hand, you can hold your position until it show clear weakness. Yesterday the move was very strong, barely paused at the strong resistance of 0.200, it has a good chance of going up further in the next a few days.
ASPEN is a Malaysian developer and announced to have rubber glove business, it is the catalyst for it to be hot and went up pretty much as compare to 5 cents share price in May and June.
If you still have ASPEN long position in hand, you can hold your position until it show clear weakness. Yesterday the move was very strong, barely paused at the strong resistance of 0.200, it has a good chance of going up further in the next a few days.
ASPEN is a Malaysian developer and announced to have rubber glove business, it is the catalyst for it to be hot and went up pretty much as compare to 5 cents share price in May and June.
Did you miss this ASPEN opportunity? or you feel hard to do stock pick and market monitoring to catch nice great trading opportunities, like ASPEN and other stocks (click HERE to read other trading calls made) ? If you would like to receive trading ideas for great stocks like ASPEN and improve your performance in future......