Haw Par - Start of Trend Change

Friday March 19, 2021 where I blog of Haw Par climatic up move which is a suspicious sign of distribution.

https://sgstocklink.blogspot.com/2021/03/haw-par-climatic-up-move.html

Wednesday May 5 2021, we can finally see the smart monies plan of sell down after 30 days of distribution to retail investor.  

1. Uptrend start on November 4 2020 and end on May 3 2021.  

2. March 19 2021, suspicious high volume as price action did not goes higher for the next 30 days.

3. Total length of uptrend 6 months.

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.