Friday, October 23, 2020

Mapletree Ind - Good Entry Around Support

Mapletree Industrial Trust went out of the 2nd uptrend line about 1 week before today news was announced.  Smart monies already distributed out their winnings around the top of 3.36.  Very likely to go to the support of 3.00 before doing a sideway trend bouncing between 3.00 to 3.20.


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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