Friday, November 06, 2020

Frasers Centrepoint - Resistance Zone for Rights Issue

Frasers Centrepoint Trust, many investors apply for their rights at 2.33.  Price need to gap up strongly in order to clear that area.  Short-term likely to bounce up and down the support of 2.10 to 2.33.


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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