Q&M Dental had a TradersGPS Buy Signal + a positive Trend Impulse Factor on the 24th of March with a trigger price of $0.55, which was subsequently triggered on the 25th of March (The very next day). The current LIVE price as at 15th May is $0.880, a net gain of 60%! You can see that previous buy signals around early Jan 2015 had profitable signals as well, moving from about $0.446 to a high of $0.56. In any case, for the March buy signal (defined by the Large Green Arrow), the stop-loss was pre-defined at slightly below the trough line: at about $0.50, with clear risk metrics.
The stock was flagged out as a candidate with our Proprietary TradersGPS Comparative Screener (Weekly 0.5555 Rating with Signal alert) at the time of the signal and had a great run.
The post Q&M (SGX): TradersGPS Trigger (Follow-Up) – Near 60% in less than 2 Months! appeared first on Singapore Stock Analysis | Opening Trading Account | Collin Seow.
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