Yesterday(29 July, Thur), ard 14:46 PM in the afternoon, I sent out a live trading idea to my members regarding Hong Lai Huat at ard 0.103. after that, price move a bit but not too much, reached 0.104 on market close. This moring(30 July,Friday), price gap up and shot up to 0.113, , a quick move of 9.7%, the NEXT day.
Below is my live trading signal for Hong Lai Huat:
Below is my live trading signal for Hong Lai Huat:
Congrats to those who made quick profit following my live trading idea on Hong Lai Huat!
And the next question is what to do now? to sell to keep, can chase now?
This is my view:
1. To chase after price shot up 9.7% is not advisable at all, too risky. If you missed the opportunities, you might as well wait for the next opportunity.
2. If you already have Hong Lai Huat position, in profit, then you should read the stock. according to my AI system which analysis Bigboy fund flow: Hong Lai Huat still mainly got incoming fund flow. If you have done some research and feel the business is likely to improve further, u can hold it for potential more upside. However, for short term traders/investors, since it did not manage to hold at the high end at ard 0.113 and drop to 0.109 now, it already start to show some weakness. As local stock mkt is not very active recently, we maybe more conservative. May consider to sell at ard 0.109/110 or at least to sell half position to pocket in some profit and also lower risk.
And the next question is what to do now? to sell to keep, can chase now?
This is my view:
1. To chase after price shot up 9.7% is not advisable at all, too risky. If you missed the opportunities, you might as well wait for the next opportunity.
2. If you already have Hong Lai Huat position, in profit, then you should read the stock. according to my AI system which analysis Bigboy fund flow: Hong Lai Huat still mainly got incoming fund flow. If you have done some research and feel the business is likely to improve further, u can hold it for potential more upside. However, for short term traders/investors, since it did not manage to hold at the high end at ard 0.113 and drop to 0.109 now, it already start to show some weakness. As local stock mkt is not very active recently, we maybe more conservative. May consider to sell at ard 0.109/110 or at least to sell half position to pocket in some profit and also lower risk.
Did you miss this Hong Lai Huat opportunity? or you feel hard to do stock pick and market monitoring to catch nice great trading opportunities, like Hong Lai Huat and other stocks (click HERE to read other trading calls made) ? If you would like to receive trading ideas for great stocks like Hong Lai Huat and improve your performance in future......
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