So previously we were in the Supergroup trade. Boy was it super. So after our previous chart and analysis of where the stock was headed, we followed through the trade plan and had a good estimate where to plan the exit. Here is the chart for a quick recap: So this was how we took … Continue reading
When we swing trade, normally we look at the trade set-ups. One factor is to observe the volume being “stored”, and the other is to determine how much momentum can be gained if the stock operator decides to swing it up. Let’s take a look at Supergroup and we’ll go through the chart and what … Continue reading
Some say trading can’t earn you a living. Penny stocks are extremely dangerous. Well, that’s what everyone says when they have little knowledge about the unknown. However, once that unknown is known, then it’s much easier to tread and manage the risks ahead. A pretty good trade with about 15% gain. Once again, we aim … Continue reading
Last week was another interesting trading week as China announced a mini stimulus which impacted most stocks across the SGX, which were exposed to the China market and with the positive impact of the news spilling over. During the routine stock scanning, I came across Yanlord and it looked set to burst out of it’s building. … Continue reading