Previous update http://klseelwavetrading.blogspot.com/2014/08/kps-how-to-protect-your-profit-and.html
You may have answer in you mind ...I sold 30% of my stock at 1.78 and which is done on afternoon
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Stock analysis and comments presented on klseelwavetrading.blogspot.com are solely for education purpose only. They do not represent the opinions of klseelwavetrading.blogspot.com on whether to buy, sell or hold shares of a particular stock.
Investors should be cautious about any and all stock recommendations and should consider the source of any advice on stock selection. Various factors, including personal or corporate ownership, may influence or factor into an expert's stock analysis or opinion.
All investors are advised to conduct their own independent research into individual stocks before making a purchase decision. In addition, investors are advised that past stock performance is no guarantee of future price appreciation.
The next question I had is what should I do next ? sell ? hold or buy more!!! look at the H1 chart we can see the wave count .. the wave 3 stop at the 1.80 and close at 1.79...
We have 3 scenario ...
1st is the price will pull back to prices 1.72 and 1.68 which is fibo 23.6% and 38.2% , this is typical impulse wave type 1. I will buy back my 30% lots which I disposed this morning and ride the wave 5 push up till 1.92.
2nd scenario is the stock will shot up all the way to 1.92... this is most happy path for many early birds who were in...
the 3rd scenarios is back to my entry point and I need to reassess again the trend... this is very rare to happen... happy trading
Breaking News : Stand a chance to win an Ipad Air when you like us on our facebook page and join us to become our member by filling the membership form at the bottom, you will receive latest updates from us through email , facebook and also being added into our investment education Telegram group !
DISCLAIMER:
Stock analysis and comments presented on klseelwavetrading.blogspot.com are solely for education purpose only. They do not represent the opinions of klseelwavetrading.blogspot.com on whether to buy, sell or hold shares of a particular stock.
Investors should be cautious about any and all stock recommendations and should consider the source of any advice on stock selection. Various factors, including personal or corporate ownership, may influence or factor into an expert's stock analysis or opinion.
All investors are advised to conduct their own independent research into individual stocks before making a purchase decision. In addition, investors are advised that past stock performance is no guarantee of future price appreciation.
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