Wednesday, March 31, 2021

SPH - Undergoing Strategic Review

2nd half of March 21, we starting seeing SPH creating value news, but if you look at the chart, SMART MONIES already know the news around Nov 2020.  The Smart Monies news are always 3 to 6 months ahead of retail investors.  Learn to trust the chart on its FIRST upthrust bar.

Many analyst put the TP at 2.00, but look out for any early reversal as that is how Smart Monies works, as by the time retail investors know the news, its already discounted.  Just look at those Gloves stocks, the are still making money now, but due to the DISCOUNTED news, their stock price went down.


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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