Tuesday, November 17, 2020

Top Glove - Vaccine Kill Its Uptrend

Mention many times before, COVID-19 vaccine news are killer of gloves stock.  When every retail investor thinks that gloves are sure winner, smart monies already distribute (about 3 months) the higher price to them.  The price will normalize to a reasonable level, which the chart will then tell.



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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