Should I buy SXTC at US$0.29? 1. It's a stock market rumour . 2. A green supertrend appeared yesterday. 3. It is cheap and has the potential to go to $1. Why not give it a go because there is not much to lose. - the rookie trader PS: I queued for SXTC 1,000 shares at US$0.29.
MACD indicator... The histogram and the line crossing the zero level is a good reversal signal. Note that the zero level must be crossed by the two lines. If the histogram crosses the zero level but the line doesn't, you don't open a trade. Source: https://pipbear.com/indicator/trend-reversal/#:~:text=MACD%20indicator,-While%20MACD%20can&text=The%20green%20histogram%20and%20the,don't%20open%20a%20trade . That means right now there maybe a downtrend confirming soon. Singapore stocks opened generally higher today. I have nothing to buy and nothing to sell. Let's take a break. Adrian's Journal The rookie trader
" To be successful with news trading, it’s important that you follow a comprehensive economic and financial calendar, so then you will be aware of upcoming events or statistics that could affect the underlying asset you are trading. " - https://infoforinvestors.com/academy/technical-analysis/cfd-trading-strategies/ My portfolio is inching back up again. That's good news. There are no sudden movements like what happened to SGX and Sembcorp industries. So there isn't anything to buy or sell today. Adrian's Journal The rookie trader's notes
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