$Jiutian Chemical (C8R.SG)$ rolling over…poor price action. ...
$Jiutian Chemical(C8R.SG$ rolling over…poor price action. Buyer beware!
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80% technical 20% fundamental.
A momentum swing trader and follower of Jesse Livermore, Bill O’Neil and Mark Minervini
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102481566 : Best, come down more, so can buy more...
Yixuan Li : why the price went down?
Momentum TraderOP Yixuan Li: When supply > demand, price will go down. This stock seems to be basing and making a turn from the recent low.
Anyway, always look left for “traffic”, those trapped buyers are potential supplies when the price is turning up! It has a lot more work to do to develop its right side. I’ll stay away from it for now.
102765799 : it's time to average again pal?
Momentum TraderOP 102765799: Never avg down for me. Only buy uptrending stocks at the right pivot
102765799 Momentum TraderOP: oh dear, then what could i do with my higher price lots?... cut loss?
102765799 : what is uptrending from your analysis sir?
Momentum TraderOP 102765799: Like SIA is up and has been trending up since last year Nov. I’d written abt it few times previously.
It has BO today nicely from the base.
Momentum TraderOP 102765799: Given similar feedback above to another mooer and on ISDN too.
Good luck!
102765799 Momentum TraderOP: oh. I'm the same noob modern who's vested in both! and in red now
I have held on to isdn, taking your good advice! for jiutian, I'm at a loss too... I still have half of good SIA which I'm holding got the BO!
thanks sir!