On 23 May(Mon), I sent out a live trading idea to my members regarding Dyna-Mac at ard $0.140, ard 2:21 PM. The price has gone up within the same day to 0.150.After that, it moved up further and reached $0.205, or 46.4% potential profit, just 1 week later
Below is the live trading call I made for Dyna-Mac on 23 May, in early afternoon:
Congrats to members who caught this opportunity according to my live trading signals! Now many are asking whether the price can go up further after price has been moved so much, whether can buy more? Below is my view:
According to my way of analysis, Dyna-mac is in an uptrend, and may go up high, but likely to be in fluctuation. Short term wise, it has risen so much quickly and there is a strong resistance at ard 0.2-0.21, the risk for pull back is quite high. it is definitely not a good idea to chase now, as there may be a pullback soon
If you are a short term trader/investor, to close the position and take a quick profit of 30-40% is consider very good already.
Even if you want to invest for mid to long term, the short-term risk is quite high after recent rocket move, and i will suggest to sell at least partial position to take some profit. If you have the ability to spot other good opportunities, why should you waste your precious time and funds to stuck in a stock which may have deep pull back soon after a rock move
According to my way of analysis, Dyna-mac is in an uptrend, and may go up high, but likely to be in fluctuation. Short term wise, it has risen so much quickly and there is a strong resistance at ard 0.2-0.21, the risk for pull back is quite high. it is definitely not a good idea to chase now, as there may be a pullback soon
If you are a short term trader/investor, to close the position and take a quick profit of 30-40% is consider very good already.
Even if you want to invest for mid to long term, the short-term risk is quite high after recent rocket move, and i will suggest to sell at least partial position to take some profit. If you have the ability to spot other good opportunities, why should you waste your precious time and funds to stuck in a stock which may have deep pull back soon after a rock move
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