Volume tells everything....operator starts to push the price...do you think they will settle at 0.200 - 0.300 level... at least 0.500-1.00, looks sedania as example..TAYOR guys...
Biasalah. The objective of distribution is to trap you into buying while they selling. Silap mata. Nampak mcm the gang tengah beli. Pada hal dia tengah jual. Cepat2 cut loss 0.5 - 1.5. Kalu tak boleh rugi 5 - 8 cents.
It's too early for distribution..it's first day volume spike...low risk entry...distribution is after the price was pushed up like crazy eg dataprep, then distribution started... at price of 0.280 where got distribution...
Minor retracement is normal in daily trading... retrace around 0.20-0.30 ... off course there are always people who want to take profit right away... so if you want to ride the wave... enter during retracement at 30min tf...this morning also retrace from 0.27 to 0.24..now back to 0.29..its normal..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
powerup89
1,694 posts
Posted by powerup89 > 2021-05-24 14:39 | Report Abuse
Limit up...gogogo