Tuesday, September 29, 2020

Vicplas - Gap Down By Dividend

Vicplas International reported good result but company decided to half its dividend payout and it was gap down.  The gap down area become a very strong seller zone.  Anymore more bad news and the bears are going to take the opportunity to break the double bottom.


Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

No comments:

Post a Comment

Singapore Stock Investment Research