On 28 Mar(Tue), I sensed that Rex Int was oversold and may rebound further after severe sell down since mid Feb. Then I sent out a live trading idea to my members for Rex Int to buy at ard $0.125/126 ard 9:13 AM. After that, price started going up soon. On mkt closing, medtecs already reached 0.132. And Wed, it had a ROCKET move and hit 0.147 before market close, a potential profit of 16.6% the NEXT day.
Congrats to members who caught this opportunity according to my live trading signals. Now many are asking whether the price can go up further and whether can buy now. Below is my view:
Congrats to members who caught this opportunity according to my live trading signals. Now many are asking whether the price can go up further and whether can buy now. Below is my view:
According to my way of analysis, Rex Int is in an downtrend. The ROCKET move for the past 2 days is a technical rebound, although a strong one. I feel it is likely to drop again once the current rebound lose momentum. So it is not advisable to chase. And if you want to hold long position for long term, I feel it is not advisable as big funds has not flow in clearly. However, short term wise, it may rebound some more
For those who bought it already according to my live trading signal, if you can afford some fluctuation, may consider to hold another 1-2 days for short term further profit and prepare to experience some pull back if price can not keep moving, or may consider start selling gradually to lock in profit gradually.
If you have not open long position for Rex Int yet, I definitely will not suggest you to chase high now after price has gone up 16% although price may shot up a bit more with short term momentum.
According to my way of analysis, Rex Int is in an downtrend. The ROCKET move for the past 2 days is a technical rebound, although a strong one. I feel it is likely to drop again once the current rebound lose momentum. So it is not advisable to chase. And if you want to hold long position for long term, I feel it is not advisable as big funds has not flow in clearly. However, short term wise, it may rebound some more
For those who bought it already according to my live trading signal, if you can afford some fluctuation, may consider to hold another 1-2 days for short term further profit and prepare to experience some pull back if price can not keep moving, or may consider start selling gradually to lock in profit gradually.
If you have not open long position for Rex Int yet, I definitely will not suggest you to chase high now after price has gone up 16% although price may shot up a bit more with short term momentum.
If you would like to learn how to catch ROCKET like this Rex Int trade, welcome to register for my upcoming webinar:
散户如何为可能的牛市做好准备?
Date:30 Mar (Thur)
Time:7-10 PM
Speaking language: Mandarin
Click Link below to register for the Zoom sharing:
https://bit.ly/3JKmKQp
Date:30 Mar (Thur)
Time:7-10 PM
Speaking language: Mandarin
Click Link below to register for the Zoom sharing:
https://bit.ly/3JKmKQp