Tuesday, February 23, 2021

AEM - Tech Sell Off Day

Today, tech relevant stock like AEM under sell off due to overvaluation fear or profit taking.

AEM still look safe, no major gap down to disrupt the uptrend line.  However, need to be cautious as any break of lower channel need to cut loss.



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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