Simple investment strategies will reap you good returns if you pick the correct stock at the correct time.
Long week
It's been some time since I posted again, a very busy week for me due to school test and work. As my exams will be drawing near, I won't be playing any counters in particular as I will be concentrating on my exams. Unless there is a super high chance that I can get in, I won't really monitor the market very heavily. Few thoughts over the week, STI is still rallying, as well with the US market. Reason why I'm not going in again is because this bullrun has been non stop for the past 2-3 weeks already, and it is still attempting to break new highs! I will post the charts on the various counters soon, but take note that, any stock that has to move up, will have to come down and touch its 20MA. If it doesn't and it keeps moving up, the fall will be hard to handle. This is to me, a rule of thumb to follow, and as well as the cut-loss rule of 10% and 5%. This is to ensure close to maximum profits, and minimum loss.
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