iFast - Can The Rally Continue

Bloomberg News reported that the counter was Singapore's best-performing stock over the past year, and that it would pursue more gains in China, which looks to be its fastest-growing market.

China companies are not easy to fight with as they are very competitive.  Yes, iFast may grow fast but continue to lose money in China.

Just look at the pricing launch in Singapore by MooMoo and Tiger Brokers and you will know. 

Anyway, let the market decided whether is this a fake rally.

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.