Tuesday, January 16, 2018

Stock Alert : HengYuan

HengYuan : Before the yesterday's selldown ... remember the black-candle day? It went down minus 10% after hitting new high!! Very volatile ... and many sharks inside.

HengYuan after the selldown yesterday. I managed to day-trade this one and earn some dinners. This is not for inexperienced traders .... with fainted-heart.

Technically, it is a SELL ... closed at RM15.14.

I shall watch if this will dive further ... another 10% down would trigger margin-calls in many greedy retailers. Then, buy during the forced-selling moment. There are still many believing it is 'under-valued'.


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