Tuesday, May 11, 2021

Ascendas Reit - Resistance Quite Strong

Mar 17 - Acquire 11 Data in Europe

Apr 26 - Posted decline in portfolio

May 05 - Private placement at 2.94

Strong resistance at 3.16 did not break.  Bears see this as sign of weakness and price u-turn.

If bulls cannot hold 2.90, then the next support will be 2.80.


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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