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Frencken was caught for a quick move of 10.3%, within the SAME day, what to do NEXT?

9/3/2020

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​I sent out a live trading signal to members ystday (2 Sept) at ard $0.97. and price shot up to $1.07 in the afternoon, a 10.3% potential profit, within the same day. Congratulations to those who followed my trading idea and made nice profit in this weak local market!
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My live trading signal for Frenken can be found below
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​After the ROCKET move of Frencken, many people start to look at Frencken. Since ystday afternoon, I start to receive questions via sms/whatsapp or even phone call, asking what to do next? Can buy more? Can hold or should sell? Below is what I think for now:
 
To chase after price moved up so much is definitely a no-no to me, a good trader never take so much risk to chase. Those who missed the boat should know that it has gone, can only look out for future opportunities. Maybe can register with me to update with future opportunities.
 
While for those who had Frencken position, maybe because you bought it after receive my live trading ideas or because you had it for some time and suffered the sell down from $1.26 to 0.94 per share and did not sell. Congrats on ystday great move! But I would like to remind that the severe sell down in mid to end Aug may indicates that the uptrend may not able to continue any more. Therefore, the potential of Frencken is kind of limited. After the rocket move, can monitor if closely, if the short term momentum continue today, can hold to enjoy further move. But if price start to show weakness, I will consider start selling gradually to take profit and prevent price to drop after moved up so much. ​
Did you miss this Frencken opportunity? or you feel hard to do stock pick and market monitoring to catch nice great trading opportunities, like Frencken and other stocks (click HERE to read other trading calls made) ? If you would like to receive trading ideas for great stocks like Frencken and improve your performance in future......

Click here to learn how to catch explorsive trading opportunities like Frencken

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    Dr. Robin Han

    Market is an arena for investors and traders. If we don't understand or apply game theory correctly, very likely we will be swallowed alive by the other side of the trade, via all kinds of market traps. 


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    I often follow Dr. Robin Han’s trading calls and made good profit...He manage to consistently catch fast move stocks regardless the stagnant status of local market, something I’ve never seen elsewhere… His skills in stock pick and timing are of world-class level.

    ----Shanison Lin, CEO/Founder of investingnote.com


    Mr. Yong Chin Hiong, a SGX Academy trainer, comment on Robin Han

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    Robin Han has a full time Ph.D degree in Engineering, graduated from NUS. 

    His academic background trained him to look in to deeper truth of the market and achieve outstanding performance


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