Friday, May 14, 2021

Frasers Log and Com - Today Buy At Support Line

Frasers Logistics and Commercial price drop to uptrend support line as Singapore government announce tighter restriction.  STI drops -68.24 points today.

Looking at the chart, the last 2 times when price hit the uptrend support line, it bounce back quickly.  Probability are quite high that the same may happened, so I decided to accumulate my 1st batch of buying Frasers Log and Com.


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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