Thursday, October 22, 2020

Ascendas Reit - Risk or Opportunity

Ascendas Reit today fall below the 200 MA.  If tomorrow cannot rebound, most likely got chance to see 2.90 which is a good support point.  If rebound, resistance is at 3.30.


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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