As per discussed in the previous post, SP Setia has broken out the “flag” and continue to rally till RM3.30 on Friday. Exactly as we targeted! Ok, now it is the time that we plan out how to mitigate the risk and ride on the profit. Last bar was a ultra high volume up bar [...]

Looking at the chart, SP Setia is possible to have a range bound within the “flag”. That means the fluctuation could reduce and eventually it could either breaks up or down. This will be a small risk trade as the support level is increasing and the trading range is reducing. Put your risk @ RM2.95. [...]