A multibagger for patient investors

26 เม.ย. 2021

BUY
- When it breaks the trendline – indicates a reversal
- Lower trendline shows an uptrend – reduced volume indicates reduced volatility after the sell-downs in March 2021
- Add more positions if it’s able to break 3.59
- A multibagger for long term position – short term wise, there are better options
- Involvement of large institutions makes short term price action lacklustre in comparison

SELL
- When it breaks the channel, it means the stock is no longer in favour

RATIONALE
- RF chips are doing well in foreseeable future
- Long term position makes one enjoy the fruit of investing with acceptable dividends
- Careful entry is needed for tech stocks in bursa as they are quite volatile compared with some other stocks

**the analysis is solely for my own references and learning

6 พ.ค. 2021

บันทึก

rebound right on the lower channel - observe

14 พ.ค. 2021

บันทึก

Sell immediately to nail down profits since it's no longer on the uptrend channel