RaynLim

Should I sell off my stocks?

Short
MYX:SALUTE   SALUTICA BERHAD
Should I be selling off my shares? Well the official reply to that is you have to decide that yourself as market analysis, we analyse and spot potential reversal zone.

0183 is a relatively new stock data only start from 16May2016 not much can read off from this.

The 2 potential prices to look into after the market cross the psychological level of $1.00 will be $1.085 but a more important key level will be $1.265.

At these resistance(upper restraint) level are potential "sell-off". In my trading decision, I look into the "think like other traders", if people are exiting the market what are the price they are looking at?

Psychological Level will be $1.000, if the weekly candle break and close above $1.000 I will have no concent until price touches $1.085 as it forms structure restrain, breaking and closing above I will be looking to exit at $1.265, a price that I expect huge market movement.

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