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'.