Tuesday, October 27, 2020

ARA LOGOS - Watch for it as Near Apex

ARA LOGOS Logistics Trust (ALOG) result within expectation.  Price near apex of descending triangle, important decision coming.

As the price did not move up, most likely, smart monies find it is already fully price.  I gave a 60% chance that it will falls to next support of 0.59 before going range bounce.


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.

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