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

Yongnam was caught for a quick move, up 13% within the same day, how to operate the next day?

4/5/2019

Yongnam was mentioned for long on 4 April afternoon at ard 0.168. It moved up thereafter and reached 0.190 before mkt close,a potential profit of 13% within the same day, not in a year, not in one month, not even in a week, but within the exact same day.

From the chart above, we can see the explosive move is very impressive. Believe me, one will enjoy the game very much if can chop a piece out of the move.

Above is screenshot of my trading call made yesterday, right before the jumping of the price.

Now the question is: Whether Yongnam can go up even higher thereafter? How to operate the next day?

from the candlestick chart above, we can see that it is reaching the resistance zone at ard 0.190-0.200 level , which is quite strong. So sellers may step in soon.

However the momentum is strong and Yongnam has attracted a lot attention today because of the strong move. Therefore new buyers is likely step in as well the next morning.

So how will the price move the next day?

My reading is: Yongnam can go up some more tomorrow morning. however, the strength is not likely to sustain and price may pull back later today. So I may consider to sell on strength during the potential further move tomorrow morning upon the first sign of weakness. Those who have not open Yongnam position yet, it may not be advisable to chase already, after price shooting up a lot and reaching 0.200 resistance. My personal trading view for your references.

Some investors missed Yongnam great move, some investors may feel challenging in stock pick and price monitoring to catch nice great trading opportunities, like Yongnam and other stocks. If you encounter similar challenge in the market.....

Click here to request live trading calls that catch fast moving stocks LIKE Yongnam

Leave a Reply.

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.

PDPA Applied *

Contact Robin Han@
HP: 91077386
email:
[email protected]

I often follow Dr. Robin Han’s trading calls and made good profit...He manage to consistently catch fast move stocks regardless the stagnant status of local market, something I’ve never seen elsewhere… His skills in stock pick and timing are of world-class level.

----Shanison Lin, CEO/Founder of investingnote.com

Mr. Yong Chin Hiong, a SGX Academy trainer, comment on Robin Han

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

DISCLAIMER:

PLEASE READ THIS FIRST

The information contained in this website is provided to you for general information/circulation only and is not intended to nor will it create/induce the creation of any binding legal relations. The information or opinions provided do not constitute investment advice, a recommendation, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on this information. Investments are subject to investment risks including possible loss of the principal amount invested. The value of the product and the income from them may fall as well as rise.

You should seek advice from a financial adviser regarding the suitability of the investment products mentioned, taking into account your specific investment objectives, financial situation or particular needs, before making a commitment to purchase the investment product. In the event that you choose not to obtain advice from a financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest.

Any views, opinions, references or other statements or facts provided in this website are personal views. No liability is accepted for any direct/indirect or any other damages of any kind arising from or in connection with your reliance on the information provided herein.

All the charts posted on this website are generated from POEMSVIEW.

PDPA Applied *

Personal Data Act(PDPA) in Website/Blog/Social-media

By providing us your personal data(i.e. name, email address and phone number), you acknowledge and consent to our collection of your personal data for the purpose listed below:
i. Sending you marketing, advertising or promotional materials related to the content of the website, whether by call, text or email.
ii. Provision of products& Services while you have requested for.
Please note that you are entitled to withdraw your consent for the collection of our personal data at any point in time by providing a notification to [email protected]