Dairy Farm - Be Punished When You Never Listen

Dairy Farm chart gave 2 warnings to buyers before it went lao sai.  

If you never listen, the punishment will be money loss.

Recognize support break if you does not want your money to be trap in a downtrend.

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.

Dairy Farm - COVID Spike But Price Did Not

Dairy Farm price remain the same while Sheng Siong only up by 0.02

Smart monies does not let the known event happen twice.

Price action of Dairy Farm continues its sideway movement.

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.

Dairy Farm - Guts Testing Again

Smart monies like to form the symmetrical triangle and keep traders guessing whether it will break up or down.  

Watch this important support line and if the price action is able to rebound back to the symmetrical triangle, then it can goes back to around 4.50.

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.

Dairy Farm - Will Coronavirus Make It Come Alive

Diary Farm had been on a downtrend since Jan 2019, already one year already.

Coming Monday, will coronavirus make it come alive as it had 2 supermarket, Giant and Cold Storage in Singapore.  Singaporean are well-known of being kiasu and are stocking foods, instant noodles and toilet paper (puzzled) like the world will be ending tomorrow.