Wednesday, July 28, 2021

OLAM - Stuck in Down Channel

OLAM stuck in a downtrend channel since 8 June 2021.

Do not buy till there is a change in the price action.


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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