Sunday, January 14, 2024

2024 : Trade UPTRENDING stocks

 Sunday ... 5.30pm ... just finished a tuition class ... and going to do some trading plans for next week. RISK is still very high as now they attacked Yemen ... for whatever excuses they could find. Election year in US ...Taiwan election over ... and FED to cut rates... pushing the INDICES in US into new high with 80% of stocks crashed ... so, buy crashed stocks or ...

TRADING the UPTRENDING STOCKS!!


Redtone : uptrending ... breakout. 

Trade such stocks ... there are many new 52w high ... or even historical high stocks. I still like the YTL and YTLpower ... the index-linked stocks which strongly in play and might going into euphoric levels. 

Current news is Yu's counters crashing ... RAPID limit-down three consecutive days to hit low 8.05 ... and now, anticipating sharp rebound?? ... YNHProp too ... severely down with Imaspro finally diving too ..would like to write this as a good case study on how RISKY trading/investing is ... seriously, retailers would stuck up there for years ... and may not ever to recover. 

Would be a busy week for me ... as classes resumed. 

TEH



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