_MK_Watcher_
:
Actually quite simple, there is no huge buy volume in green in sight, even the alarming price surge in the morning suggests that it might be short-lived and unsustainable. Technically, the fair value should be between 242 and 248 under current situation, which it is now trying to move there.
_MK_Watcher_
GoldMiner
OP
:
Yup, indeed there are quite a few of the identified ones have this kind of similar characteristics of price movement. Not for the faint-hearted.
海绵宝宝
_MK_Watcher_
:
i need guidance on trading. (1) I assume that you looked at the ticks and see that there is no huge buy volume. (2) then what causes the price to increase so sharply? lots of buy orders instead of huge buy orders? (3) how you determined the fair value?
_MK_Watcher_ : You means trapped?
GoldMiner OP : yeaa, hahha, sorry for the typo
_MK_Watcher_ : Actually quite simple, there is no huge buy volume in green in sight, even the alarming price surge in the morning suggests that it might be short-lived and unsustainable. Technically, the fair value should be between 242 and 248 under current situation, which it is now trying to move there.
103768083 _MK_Watcher_ :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
GoldMiner OP : the sharp increase is a trap. I have experienced two times in other counters last month. so, must quickly sell and re-enter again
102054152 GoldMiner OP :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
_MK_Watcher_ GoldMiner OP : Referring to 'Seatrium' ?
GoldMiner OP _MK_Watcher_ : yeaa, and sembcorp, and another one forgot ald. same thing happened, sharp increased and drop immediately
_MK_Watcher_ GoldMiner OP : Yup, indeed there are quite a few of the identified ones have this kind of similar characteristics of price movement. Not for the faint-hearted.
海绵宝宝 _MK_Watcher_ : i need guidance on trading. (1) I assume that you looked at the ticks and see that there is no huge buy volume. (2) then what causes the price to increase so sharply? lots of buy orders instead of huge buy orders? (3) how you determined the fair value?
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