It is an extremely busy day today in Singapore where many ethnic Chinese are scrambling to do their last minute groceries shopping before they are closed for the next 2 days. For those who are not aware, it is the CHINESE NEW YEAR or SPRING FESTIVAL celebrated by ethnic Chinese worldwide.
So tonight, families will gather together for a reunion dinner much like the Westerners flocked home during the Christmas. I take this opportunity to wish all who celebrate the Chinese New Year a Happy and Prosperous New Year, with lots of abundant opportunities in the market, health and peace to you and your beloved family.
Please note that with the exception of Europe and US markets, many Asian markets like SG, HK will be closed for trading till 1200 hours.
For this stock, I am not buying as it has been hammered down since it peaked on 10 Jan 2020.
It could goes either way now. If it breaks down from the bullish trend line, then I see it could revisit the support level at 41.05 and 38.38.
Trading should be fairly thin during the festive seasons since many are in the mood to celebrate the New Year.
So trade with care, always use SL and apply appropriate risk and capital management.
Cheers and GBU
So tonight, families will gather together for a reunion dinner much like the Westerners flocked home during the Christmas. I take this opportunity to wish all who celebrate the Chinese New Year a Happy and Prosperous New Year, with lots of abundant opportunities in the market, health and peace to you and your beloved family.
Please note that with the exception of Europe and US markets, many Asian markets like SG, HK will be closed for trading till 1200 hours.
For this stock, I am not buying as it has been hammered down since it peaked on 10 Jan 2020.
It could goes either way now. If it breaks down from the bullish trend line, then I see it could revisit the support level at 41.05 and 38.38.
Trading should be fairly thin during the festive seasons since many are in the mood to celebrate the New Year.
So trade with care, always use SL and apply appropriate risk and capital management.
Cheers and GBU
Comment:
we added long today
Comment:
Praise Lord. It is back to the bullish trend line once more after some volatility there.
Comment:
Praise lord, we may add some more tonight
www.scmp.com/busines...cc-goldman-hong-kong