Friday, October 30, 2020

Frencken - Seem Like a Triple Bottom

Frencken a tech related stock look likes forming a triple bottom.   From the chart, technology stocks looks more like a short-term correction.  Most likely, zig-zag up again next week. 



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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