Singapore Humble Stock

Best World - [ Best To Be Careful!]

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Publish date: Mon, 19 Nov 2018, 09:09 PM
A free sharing blog where we humbly post our views of the stock market
19th November, 2018, 9:09 PM

Best World – [ Best To Be Careful!] Best World 19th Nov 2018

Chart Source: Poemsview 19th Nov 2018

Best World has seen a very good and fast climb up over 40% from $1.50 to $2.2o in less than a month.

It climbed even higher on a positive set of results which is rather rare in today’s market condition.

Best World has now hit the upper trend line resistance of $2.20. It might move a little higher creating a fake breakout or start retracing soon. We prefer to be a little more cautious as we have seen how stocks crash from a high in a very short period of time. One example which we warned about was REX. We warned our readers back on 26th Sept that Rex might be due for a pullback and true enough it came and and pullbacked 40% in less than a month.

So it pays to be careful for now. Its alright to miss an opportunity rather than chasing with the risk reward not being on our side.

Ensure you have a sound and firm trading plan.

Let’s see how Best World performs.

What's your trade plan?

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Yours

Humbly

Kelwin&Roy


The post Best World – [ Best To Be Careful!] appeared first on Singaporehumblestock.

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