After that, NippeCraft starting the brilliant ROCK move for the day. Finally, it closed at all day high of 0.096, or 29.7% potential profit within the SAME trading day!
below is the screenshot of my live trading idea for NippeCraft:
After market close, many fellow investors checked with me, via whatsapp sms, telegram, asking whether the price can go up more in the next a few days, whether can chase or it is time to sell already. Below is my view:
According to my way of analysis, NippeCraft is in a uptrend. It got chance to go up some more. However, we also have to take note that it has gone up too much, short term is overbought and may have some pull back soon
So for those who tend to be long term investor and have confidence in the future of this company, may consider to hold long position. But I will suggest at least sell partial to lock in profit once price start to term weak,
But for those who missed the boat on Monday, I will suggest one to refrain from chasing now after price has shot up 29% within the same day.
For those who successfully caught this great opportunity and made profit but still holding it, and you initially just want to do a short term trading, I think you may need to look out to sell already. Tmr(13 Sept) morning is important, if price start to show weakness, it will be a good time for short term traders to let go or at least close 50-70% of the position.