I sent out a live trading signal to members on 22 June(Monday) at ard 0.26 and it started moving the same day. 24 June(Wednesday), it reached 0.315 or 21.1% potential profit 2 day later, congratulations to those who made profit from this trading call! Now after yoma announced good news on proposed acquisition and ROCKET move, what should we do if you have Yoma position in hand? To buy on weakness, to sell, or to hold?
Screenshot of live trading signal for Yoma on Monday is shown below:
I feel Yoma is in an mid term uptrend, but long term view, it seems still in a downtrend. Therefore I won’ suggest to hold it for long term. To sell gradually on strength is a better option for me. Short term, as it had already gone up so much just within 2-3 days, it should not be far from a potential pull back already. If you still have Yoma position in hand, I will suggest to sell gradually to take profit.
To chase high to buy is definitely is not an option to me. Not only because Risk/reward ratio is bad, also because the high probability of pull back in the next a few days.
To chase high to buy is definitely is not an option to me. Not only because Risk/reward ratio is bad, also because the high probability of pull back in the next a few days.
Did you miss this Yoma opportunity? or you feel hard to do stock pick and market monitoring to catch nice great trading opportunities, like Yoma and other stocks (click HERE to read other trading calls made) ? If you would like to receive trading ideas for great stocks like Yoma and improve your performance in future......