As you know, last Friday the government took a few steps to ease the property cooling measures.
So a lot of property counters made a big jump on that day.
Did you manage to catch the move?
Do you want to know how to buy into a stock before the news?
TradersGPS gave us a signal to enter this counter before the news came out. =)
If you would like to learn how to buy a stock before the news,
I will show you the counter in a few minutes, first, let’s take a look at the STI.
We’re still trapped between 3150 and 3100
The lack of momentum is not entirely a bad sign, we could be building a base to move higher from.
The trend is still up.
Following system, we’re still in this trade.
Great profit since our entry, so it’s ok to just get out and find somewhere else to put your money to work.
Otherwise it’s ok to stick around and wait for them to announce the winner of the bids.
Price still struggling here.
Nice profits since our entry already.
Candles have turned blue again without getting us out of the trade.
However the trend is weakening in line with the STI.
If STI goes above 3150 then we should see OCBC heading to $10
Be patient and follow system.
Price gave 2nd change to take some profits as mentioned in previous post, price is turning down now.
The candle has just turned red and overall doesn’t look too good for the moment.
Resistance around $0.82 has turned price down 3 times.
We could see a move down to $0.70
Here is one of the gems for our graduates!
Entry is at $1.065, so if you’re not in this already, don’t chase.
Wait for the next signal.
Congrats to the graduates, let’s take a ride.
This is the counter which gave us the signal before Friday’s news!
Can you see the green arrow formed on 7th March candle?
One of our new graduates highlighted it to the community and he hasn’t even attended his 2nd day of class yet!
The System is just that simple.
The entry is around 2.105
Graduates, if you’re not in yet, try to recall the rules, if not ask in the community to remind you!
This is the power of having a community to trade with and a reliable trading system.
If you would like to know more, Click Here.
Good trading folks!