On Thursday, July 28th, I sent out a live trading idea to my members regarding First Res (EB5.SI) at ard $1.34. After that, price has gone up nicely and reached $1.44, or 7.4 % potential profit, just 2 trading days later!
Below is the live trading call I made for First Res (EB5.SI) on July 28th, in early morning:
Congrats to members who caught this opportunity according to my live trading signals! Now many are asking whether the price can move higher or not after price go up, whether can buy more. Some want to chase, hoping price can go higher and below is my view:
According to my way of analysis, the stock this is in a downtrend, so the recent price went up it is a technical rebound, the rebound may continue a bit more but likely the stock will not keep going up too much.
So for those who wants to do short term trading, now I think it has lost momentum and stop going up. Therefore for of short term traders, may look out to sell and pocket in the profit. for those who wants to keep it for long term, because the stock is not in a clear uptrend yet, I do not advice to hold it for very long term
For those who have not bought yet, because I already suggest to sell during rebound gradually to take profit, it may now be a good idea to chase high after price went up for 7.4%.
According to my way of analysis, the stock this is in a downtrend, so the recent price went up it is a technical rebound, the rebound may continue a bit more but likely the stock will not keep going up too much.
So for those who wants to do short term trading, now I think it has lost momentum and stop going up. Therefore for of short term traders, may look out to sell and pocket in the profit. for those who wants to keep it for long term, because the stock is not in a clear uptrend yet, I do not advice to hold it for very long term
For those who have not bought yet, because I already suggest to sell during rebound gradually to take profit, it may now be a good idea to chase high after price went up for 7.4%.
Did you miss this First Res opportunity? or you feel hard to do stock pick and market monitoring to catch nice trading opportunities, like First Res and other stocks (click HERE to read other trading calls made) ? If you would like to receive trading ideas for great stocks like First Res and improve your performance in future......
Follow Dr.Robin Han facebook page:
https://www.facebook.com/robinhaninvestment
https://www.facebook.com/robinhaninvestment