Robin Han trading blog with game theory - Robin Han Trading/Investment

Ying Li, caught a ROCKET move of 27.3% the NEXT day. Can buy again after pull back?

4/23/2020

I made a live trading call on Ying Li this Monday (20 April) morning at ard 0.073 and price shot up to 0.090 WITHIN the same day. Then price went up to 0.093 on Tuesday morning, a 27.3% potential profit the NEXT day.

Above is the great ROCKET move of Ying Li.

Above is the live trading call I made, BEFORE the great move started. It can be seen that the other 2 stocks I mentioned also shot up more than 20% within 1-2 trading days.

After that, price pull back to 0.076 and rebounded to 0.082 this morning. What should we do? can buy on dips?

This is my view: This trade is just to trade a rebound, not intent to catch a long term uptrend. After the nice rebound, the trade is over. Besides, STI was weak this week and US mkt seems finished rebounding. Generally I feel the mkt started another round of selling down. Therefore it is also not a good time to hold Ying Li, which is not in a good uptrend.

For those who had Ying Li position and have not sold yet, I feel may consider sell on strength during the current small rebound. My view for your reference. Good luck!

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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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Robin Han has a full time Ph.D degree in Engineering, graduated from NUS.

His academic background trained him to look in to deeper truth of the market and achieve outstanding performance

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