Tuesday, February 06, 2018

Downtrending and gap-downs

Magni : three gap down so far ... moving lower. From Rm7.50 ... to RM4.50 now.

IQGroup : Closed at RM1.50 .. from peak RM4.70, gapdowns ...

Krono : I traded it up from 40-50 cents till Rm1.20 plus ... it gap-down and I sold all on gap-down day. Today, gap down again ... but formed a hammer.

I could give more examples ... but, remember ... we trade it UP. once gap-down or downtrending, it is out. Get out.

Hope more sales tmr.



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