Personally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks.
1. Draw Support & Resistance
2. Identify the stages (Accumulation, Advancing, Distribution, Declining)
3. Entry Triggers
4. Stop Loss
5. Exits
I have learnt during my past mistakes that we should let the stock price comes to us, rather than us chasing the stock prices!
Personally, if you follow my last post on TNB, u should have collected around 9.86 the Support Line, if u don't and wish to buy TNB, can consider entry 1st Batch, as looks like is bottom out already. Good Risks to Reward for Long-term Hold
1. Draw Support & Resistance
2. Identify the stages (Accumulation, Advancing, Distribution, Declining)
3. Entry Triggers
4. Stop Loss
5. Exits
I have learnt during my past mistakes that we should let the stock price comes to us, rather than us chasing the stock prices!
Personally, if you follow my last post on TNB, u should have collected around 9.86 the Support Line, if u don't and wish to buy TNB, can consider entry 1st Batch, as looks like is bottom out already. Good Risks to Reward for Long-term Hold