Wednesday, December 04, 2019

Haw Par - Good Fundamental But in a Down Trend

Current Market: (3)
(1) Bullish
(2) Bullish but cautious
(3) Bearish

Stocks / Reits / ETF Movement: (2)
(1) Uptrend
(2) Dowtrend
(3) Sideways

Trading Strategy: (3)
(1) Buy and hold long-term with trailing stop.
(2) CFD / DLC (available for certain stocks only) Shorting
(3) Average down and collect dividends.
(4) Short-term trading.

Haw Par is a stock with good fundamental.  Its trading volume is low and not suitable for short-term trading.  Best strategy is to average down and collect dividends.

Today afternoon, somehow the STI rebounded.  The goods is that somehow, US and China are still sticking with the phase 1 deal.

https://www.marketwatch.com/story/stock-futures-point-to-a-rebound-for-wall-street-with-renewed-optimism-over-us-china-trade-talks-2019-12-04?mod=andrea-riquier


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