$SENDAI (5205.MY)$ Sendai fly

$HTPADU (5028.MY)$ What's the matter

$CAREPLS (0163.MY)$
ascending flag … once the buy sell comes to a close of ties … in an uptrend … it is likely price to breakout of the flag pattern upwards

Morning Mooers, the meme stock market screamed "We are so back" over the weekend, after Roaring Kitty, short squeezing enthusiast and financial influencer that helped inspire the original GameStop craze in 2021, finally tweeted again. Overnight $GameStop (GME.US)$ shot up 70%, and jumped 110% at open, hitting multiple circuit breakers.
Other meme stocks were flying as well on high volume.$Reddit (RDDT.US)$ climbed 8%, $AMC Entertainment (AMC.US)$ grew 14%. H...

For these two stocks, a close-up analysis is a must to summarize the experience. Both have soared over 30%, could it be due to buying at the wrong time? Or setting the stop loss incorrectly? Or exiting too early.
1) First, you need to get used to the characteristics of the cup & handle pattern. If the cup is bought, and the breakout fails, be prepared for the handle formation. Adjust the stop loss point a bit wider. This way, you can avoid exiting too early like in the chart and missing out on the explosive rise.
2) Be patient and wait for the pullback (during the handle phase) to establish a higher low before entering. Of course, this may require a longer waiting time.
3) Another approach could be buying in batches, taking a shot before the breakout and then another one after breaking out. It's a great learning process. Sometimes, it takes a heavy loss to wake up and learn some lessons.
#Cup&handle# Malaysian stocks #How to catch explosive stocks #Technical analysis #Do not look at financial reports.
$SENDAI (5205.MY)$ $EXSIMHB (1287.MY)$