Monday, May 10, 2021

ST Eng - Hovering Around Support

Apr 1 - ST Eng failed to acquire Cubic 

Apr 20 - Secured a contract to supply platform screen doors for Cross River

Apr 27 - Bears attack and price action gap down and out of uptrend line.

May 10 - Price action still hovering along a good support point.


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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