Thursday, August 25, 2016
Stock Alert : AirAsia broken RM3
AirAsia : Assuming I have shorted at RM3, I will like to double my SHORT at RM2.50(instead of taking profit). So, at RM2.90 now, do nothing.
Time frame : Till market crash or take profit at RM2 for the RM3 portion and RM1.50 for the RM2.50 level.
By the time it reach RM1 ... we do dollar-averaging AGAIN ... for the LONG position. Continue till de-listed or taken private!!
Note : AirAsia is the BEST trading stock in KLSE as I told everyone. If u can trade well, AirAsia could always fly ... full with news. Haha.
Above is a no brainer way of trading AirAsia .... but I need to find an instrument to SHORT AirAsia and HOLD.