I sent out a live trading signal to members on 15 Sept (last Tue) at ard $0.355. and price shot up to $0.385 in the afternoon, a 8.4% potential profit, within the same day. And 3 days later, price went up to 0.395, 11.2% potential profit within 4 days. Congratulations to those who followed my trading idea and made nice profit in this weak local market!
My live trading signal for ISDN can be found below:
After the ROCKET move of ISDN, many people start to look at it. Ystday, with the pull back of STI and US mkt, ISDN also pull back to the support price of 0.355 again, I start to receive questions via sms/whatsapp or even phone call, asking whether cam buy now since price came back to support again. Below is what I think for now:
I will say so far ISDN is still in an uptrend, therefore still got chance to move higher after some pull back and consolidation. But it may go up does not mean it have to go up immediately, especially when STI is weak and US side suffer sell down. After rebounding for 4 days, ystday was the first day ISDN suffered sell down after a rebound for a week. I won’t expect strong rebound to happen so fast although it is possible. Usually I won’t predict a sell down last for one day only, to drop for a few days will be my normal expectation. So to me, I will NOT try to bottom fish yet as it may suffer further sell down although start rebounding from 0.35/0.355 support is possible. I will only consider after price drop for at least 2-3 days and drop to lower support at ard 0.33-0.34.
For those who used to have nice profit but did not sell when price above 0.38, I will suggest u to learn how to sell on strength, it is an very important skill in the volatile market. For this case, since overnight US mkt was strong, manage to recover from severe sell down, today we may see some rebound of ISDN as well as STI, the index. If ISDN rebound, those who still have it better monitor closely and look out to sell on strength during rebound, do not give it a chance to go below 0.35, we should never let a winning trade to become a losing trade. To sell on strength, we should not look out to sell at 0.395 again as u missed the boat already, now is just doing risk management, so if price can rebound, we may look out to sell once weakness come in again, maybe at ard 0.365-0.37, depends on the mkt .
I will say so far ISDN is still in an uptrend, therefore still got chance to move higher after some pull back and consolidation. But it may go up does not mean it have to go up immediately, especially when STI is weak and US side suffer sell down. After rebounding for 4 days, ystday was the first day ISDN suffered sell down after a rebound for a week. I won’t expect strong rebound to happen so fast although it is possible. Usually I won’t predict a sell down last for one day only, to drop for a few days will be my normal expectation. So to me, I will NOT try to bottom fish yet as it may suffer further sell down although start rebounding from 0.35/0.355 support is possible. I will only consider after price drop for at least 2-3 days and drop to lower support at ard 0.33-0.34.
For those who used to have nice profit but did not sell when price above 0.38, I will suggest u to learn how to sell on strength, it is an very important skill in the volatile market. For this case, since overnight US mkt was strong, manage to recover from severe sell down, today we may see some rebound of ISDN as well as STI, the index. If ISDN rebound, those who still have it better monitor closely and look out to sell on strength during rebound, do not give it a chance to go below 0.35, we should never let a winning trade to become a losing trade. To sell on strength, we should not look out to sell at 0.395 again as u missed the boat already, now is just doing risk management, so if price can rebound, we may look out to sell once weakness come in again, maybe at ard 0.365-0.37, depends on the mkt .
Did you miss this ISDN opportunity? or you feel hard to do stock pick and market monitoring to catch nice great trading opportunities, like ISDN and other stocks (click HERE to read other trading calls made) ? If you would like to receive trading ideas for great stocks like ISDN and improve your performance in future......
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