Monday, September 2, 2024

Tenaga : a shooting star

 Morning... I have to sell off Tenaga yesterday as it formed a shooting star after hit a new high of RM14.90 in the morning... yesterday. 



Tenaga : a shooting star, means a reversal or a pullback . More likely to pullback for me to buyback.



YTL n YTLPower lead the way in utilities sector yesterday ... they are downtrending, so no longer for my trading list. Only Tenaga left in this sector. 

1. Trade the strongest sector, uptrend. 

2. Trade the leader, uptrend. 

3. Use leverage.

4. Trade it up. 

My pointers I hv in mind, my rules. 

In bullish markets, trade UPtrend. 

Have a nice trading week ahead. It is Sept ... I will prefer to stay out.

TEH


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