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Synagie, better not to buy on pull back after recent NICE call. STI is quite uncertain for the time being

1/6/2020

US and Iran issue is an unexpected risk for the market. No investors or even economist expect that. it is not a good time to bet on any side for short term YET.

However in terms of long term, i will expect US mkt to resume uprend after some pull back and consolidation. Therefore we do not need to panic although monitor closely on the market is needed.

Synagie was called for long recently on 30 Dec, price shot up on the same day and went up 20.5% just 2 trading days later.

below is the record of a retail investor who followed his signal made $1616.04 NET PROFIT (or +14.2%) ONLY after 2 trading days, with a small investment of $11.4k.

20.5% just 2 trading days later as shown below:

Now Synagie dropped to 0.117. Many people started to ask whether can bottom fish, via phone call, sms and whatsapp. I will NOT suggest to do that because Synagie does not show a good uptrend, recent trading signal was jus tto catch a potential nice rebound, not to expect the stock to go up for long term. Now the stock come to a state without clear direction, although it may have some tech rebound after pull back, i feel the risk/reward ratio is not good enough for a good trader to plan to good risk reward trading plan. Therefore better stay away first.

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Dr. Robin Han

Market is an arena for investors and traders. If we don't understand or apply game theory correctly, very likely we will be swallowed alive by the other side of the trade, via all kinds of market traps.

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