Koufu - Recovery in Place

Result not that great but price did not move down means market are already price in the news.

KOUFU Group expects operating profits for the second half of 2020 to be "significantly lower" than the year-ago period due to Covid-19's impact, as well as new outlets that are still in the stabilisation phase and have yet to contribute positively, the food and beverage group said on Thursday night.

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.