No cut loss, because SMRA has never go below 780, and will always go back up to its 800 fair value to 830, to 850 (consistent peak), back to 830 to 800 again.
It pains me to see people buy SMRA at 815, while you should know SMRA will always go back to 800.
Note that, this is for swing trading, not for holding for the long term. Buy dip, sell peak in days. The pattern has been consistent since November 2020. I can't say about February or March 2021, since by using patterns, March 2020 crashed
It pains me to see people buy SMRA at 815, while you should know SMRA will always go back to 800.
Note that, this is for swing trading, not for holding for the long term. Buy dip, sell peak in days. The pattern has been consistent since November 2020. I can't say about February or March 2021, since by using patterns, March 2020 crashed
Comment:
See what I told you. Always sell when SMRA peaked, no need to wait
because you can always enter again at 800 or 795 with a lump sum because we've already known the pattern, the price will increase again. Easy for entrance and exit. Very liquid and stable. Lowest risk, no stop loss. If it flops, buy em all, hold until December 2021
because you can always enter again at 800 or 795 with a lump sum because we've already known the pattern, the price will increase again. Easy for entrance and exit. Very liquid and stable. Lowest risk, no stop loss. If it flops, buy em all, hold until December 2021
Trade closed: stop reached:
SMRA got semi crash. Don't think you should cut loss or even buy. to buy will be derivative. To hold, would be investment. See you until 900 or December 2021
If demand for SMRA is crowded, it can happen either tomorrow (Jan 13th 2021) morning or after lunch. If SMRA can get to 920, then it has high chance for 950 in short and 1000 in long term. Property is proven to be stable and growing since November til even beginning of January 2021