On 4 Oct(Tue), I sent out a live trading idea to my members regarding YZJ SP at ard $1.04/1.05 ard 9:29 AM. After that, price fluctuate first, then started going up quickly, and hit 1.24 on Friday, 18.1% potential profit, in 5 days.
Below is the live trading call I made for YZJ on 4 Oct, in the morning:
Below is the live trading call I made for YZJ on 4 Oct, in the morning:
Congrats to members who caught this opportunity according to my live trading signals! Now many are asking whether the price can go up further after price has been moved so much, whether can go up high and buy again? Below is my view:
According to my way of analysis, bigboy funds are generally pumping into YZJ, it has long term potential, however after price has gone up some much and mkt sentiment is not very good, it is likely to have some pull back which can be quite deep.
So first of all, it is clearly not a good idea to chase now when many retailers also notice this stock and want to chase in with herd mentality, “一买就跌” often comes from this kind of FOMO (fear of missing opportunity) behavior .
If you are trading for short term like me, do not want to suffer pull back and also have the ability to find low risk opportunities, you definitely should consider sell when price is not far from the rebound high, why put your funds and time in consolidation or even pull back?
While if you are positive for its long term growth in revenue and profit, and also ok to take some risk from fluctuation, you can hold some YZJ position for long term. But I will still suggest you to at least pocket in partial profit to lower you risk, after price shot up so much.
According to my way of analysis, bigboy funds are generally pumping into YZJ, it has long term potential, however after price has gone up some much and mkt sentiment is not very good, it is likely to have some pull back which can be quite deep.
So first of all, it is clearly not a good idea to chase now when many retailers also notice this stock and want to chase in with herd mentality, “一买就跌” often comes from this kind of FOMO (fear of missing opportunity) behavior .
If you are trading for short term like me, do not want to suffer pull back and also have the ability to find low risk opportunities, you definitely should consider sell when price is not far from the rebound high, why put your funds and time in consolidation or even pull back?
While if you are positive for its long term growth in revenue and profit, and also ok to take some risk from fluctuation, you can hold some YZJ position for long term. But I will still suggest you to at least pocket in partial profit to lower you risk, after price shot up so much.
If you would like to learn how to catch nice trading opportunities like this YZJ SP trade, welcome to register for my upcoming webinar:
醒醒吧散户,你成不了巴菲特!
股市存活唯一的方向是......
Date:13 Oct (Thur)
Time:7-10 PM
Speaking language: Mandarin
Click Link below to register for the Zoom sharing:
https://bit.ly/3rIgTm2
醒醒吧散户,你成不了巴菲特!
股市存活唯一的方向是......
Date:13 Oct (Thur)
Time:7-10 PM
Speaking language: Mandarin
Click Link below to register for the Zoom sharing:
https://bit.ly/3rIgTm2