Sunmoon was mentioned for long yesterday upon the breakout of 0.050 and it shot up to 0.057 with in the same day, up 11.7% WITHIN the same day. Congratulations to those who made profit from this trading idea!
Now what should we do? To buy more, to sell, or to hold?
Now what should we do? To buy more, to sell, or to hold?
Screenshot of live trading signal for Sunmoon ystday was shown below:
Sunmoon is in a clear uptrend, so it is ok if you would like to hold for long term.
But after price shot up more than 10% within the same day, it is not a bad idea to consider sell gradually on strength to take profit. Current price is ard 0.056, a good profit already
To chase high to buy is definitely a no-no to me. Risk/reward ratio is not good enough.
But after price shot up more than 10% within the same day, it is not a bad idea to consider sell gradually on strength to take profit. Current price is ard 0.056, a good profit already
To chase high to buy is definitely a no-no to me. Risk/reward ratio is not good enough.
Did you miss this Sunmoon opportunity? or you feel hard to do stock pick and market monitoring to catch nice great trading opportunities, like Sunmoon and other stocks (click HERE to read other trading calls made) ? If you would like to receive trading ideas for great stocks like Sunmoon and improve your performance in future......