On 12 Aug Friday, I sent out a live trading idea to my members regarding sembmar to sell short at ard 0.115 at 9:11AM in the morning. Within the day, price dropped to 0.110, and thereafter dropped to 0.105 the next trading day, or 8.7% potential profit, the NEXT trading day.
below is the screenshot of my live trading idea for sembmar.
Congrats to members who caught this opportunity according to my live trading signals! Now many are checking with me whether the price may drop further and whether may consider short more. Below is my view:
According to my way of analysis, Sembmar is in an uptrend. but for now, price is having a pull back. Generally, it is not advisable to keep the short position for long term, better look out to cover back when price found some support.
For those who is clear in mind that this is a short term trade, the question is when to cover back. I personally feel the sembmar may start consolidation or even rebound, may consider cover back gradually
According to my way of analysis, Sembmar is in an uptrend. but for now, price is having a pull back. Generally, it is not advisable to keep the short position for long term, better look out to cover back when price found some support.
For those who is clear in mind that this is a short term trade, the question is when to cover back. I personally feel the sembmar may start consolidation or even rebound, may consider cover back gradually
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