fun2farm
commented on
$Futu Holdings Ltd (FUTU.US)$
Futu has closed yet another day lower than it opening price.
This are signs of bearishness and this shows the 59 resistance is indeed very strong and hard to break.
Despite very good news on futu shares buyback the rally was still stopped right at the immediate resistance of 59. This would mean that futu will most likely go back down to retest 50 support and if it breaks, go back down to 45 and 36 support level.
If futu manages to break 59 resistance, the next would be at 68 which is the negatively sloping down 20ma.
As always trade safe & invest wise!
Futu has closed yet another day lower than it opening price.
This are signs of bearishness and this shows the 59 resistance is indeed very strong and hard to break.
Despite very good news on futu shares buyback the rally was still stopped right at the immediate resistance of 59. This would mean that futu will most likely go back down to retest 50 support and if it breaks, go back down to 45 and 36 support level.
If futu manages to break 59 resistance, the next would be at 68 which is the negatively sloping down 20ma.
As always trade safe & invest wise!
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fun2farm
commented on
$Futu Holdings Ltd (FUTU.US)$ before the all time spike, 104 is the lowest based on past few months... any lower will be history...
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fun2farm
commented on
$Futu Holdings Ltd (FUTU.US)$
ok if it falls back to 110 im all in lol
ok if it falls back to 110 im all in lol
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fun2farm
commented on
$Top Glove (BVA.SG)$ i wonder how low can it be
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fun2farm
commented on
hi, I'm new in this trade, may I know is it have to buy 100 share for Sin stock?
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fun2farm
commented on
$SIA (C6L.SG)$ I bought HOLD for $4.4 to get interest
Translated
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Manage the downside, and the upside will take care of itself. ![]()
Above is a favourite quote that i read previously and find it relevant. In trading, the top priority is not to lose (all the) money, and that why proper risk management is important.
Minimize losing money in a down market and hitch on the ride in a up market.
Above is a favourite quote that i read previously and find it relevant. In trading, the top priority is not to lose (all the) money, and that why proper risk management is important.
Minimize losing money in a down market and hitch on the ride in a up market.
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fun2farm
liked
$NIO Inc (NIO.US)$ It might drop another 10% to $40. Depends on the trend. No one can predict the market, there is NO certainty. Buy when you think the time, the price are correct. And believe in yourself. Otherwise, do not even touch it
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fun2farm
commented on
fun2farm Investing 101 OP : 26 means need to drop another 50%++.. not sure if shortists can do it...