GAMUDA - Did You Respect Your STOP LOSS??

Did you follow the recommendation in previous post to exit the trade. If you have not and believe that it will rebound some times later, then you have succumbed to the human emotion. This is exact situation which most people will be trapped and become the SHEEP [...]

Ramunia has suffered the same fate as many big counters today. The sell down stopped at RM1.60. Our STOP LOSS is RM1.86.

Wah, Gamuda is beautifully remained in the channel. The next intermediate resistance level could be as near as RM3.05. For less aggressive traders could exit half (or more) of your position when it touches this level and fall back. It is definitely a retracement. For higher risk trader, trail your STOP LOSS @ the trade [...]

Needless to say, everyone knows that SCOMI is heavily involve in the Oil & Gas sector. Even though the sector has been going down in these couple weeks due to the weaken crude oil price, but most of it’s contracts have been locked in previously. The crude price should not be significantly affecting it’s profit, [...]

After the previous post speaking about the weakness, DRB plunged about 7 cents in a day. I hope those that did not sell previously would have respect your STOP LOSS and sold your position. Support could be at RM1.00.