I sent out a live trading signal to members on 24 July(Friday) at ard 1.21 and price shot up to 1.44 just 3 days later, a 19.1% potential profit 3 days later. Today (5 Aug, Wed), it reached 1.47 or a 21.4% potential profit, in 7 trading days, what to do next? Can buy more? Can hold or should sell?
My live trading signal for Sri Trang can be found below
Many investor may think price is high already after rebounded more than 20%. I agree that the resistance at 1.50 is quite strong. However, I feel the stock is in an uptrend and price fluctuation in the past a few days are still mild, the risk of severe selling down is not high, therefore, if you still have SRI Trang position, may consider hold first until price movement show further weakness. If you have not bought SRI Trang yet, I will feel the price is a bit high to chase, although got chance to move higher, I generally won’t suggest to chase because after going up more than 20%, the risk reward ratio is not good already.
Did you miss this SRI Trang opportunity? or you feel hard to do stock pick and market monitoring to catch nice great trading opportunities, like Sri Trang and other stocks (click HERE to read other trading calls made) ? If you would like to receive trading ideas for great stocks like Sri Trang and improve your performance in future......
Did you miss this SRI Trang opportunity? or you feel hard to do stock pick and market monitoring to catch nice great trading opportunities, like Sri Trang and other stocks (click HERE to read other trading calls made) ? If you would like to receive trading ideas for great stocks like Sri Trang and improve your performance in future......