I have received some reader phone call on Mobif, they need to know how will be its performance;
My opinion on Mobif;
1)My system is not to trade on this kind of pattern.
2)I advise them that , if they want to trade in this pattern, they have to prepare money to be loss before they move forward for trading.
3)To trade on this kind of pattern is to catch the technical re-bound.
4)If you dare to catch the technical re-bound , you should pray tomorrow limit down again, which around RM1.24 and this price is suitable for playing technical re-bound.
5)Pls prepare you cut loss and profit taking point.
Good Luck and Profitable Trading.
5 comments:
Technical re-bound is not to buy and hold, must set your cut loss and profit taking point.
you respond on the technical re-bound must be fast, if you are a un-decisive people, i would advise that dont touch on this kind of counter.
if tomorrow one whole day only the seller on the limit down price and no buyer on the buy price , Pls donot direct eat the seller.too dangerous, it might have another limit down.
Look back again on Mr Mobif's sister, Miss Iris .
Miss Iris dropped from RM1.39 to now 0.26 , One question you should think of ,Will Mr Mobif follow its sister ?
The answer Yes, the main reason is the Big player has get back their profit and capital. The remaining is the extra profit, they are doing no capital business now . Of course , the technical re-bound will appear , but is temporarily, if you do not exit timely with cut loss or profit taking, you will force to be "Long Term".
If you fall down a few stairs....you pick yourself up and move on.
If you fall down from Petronas twin towers, can you get up?
There are many other counters that are going up, why take this risk?
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