Saturday, February 29, 2020

29 Feb 2020 - Show your strength... if you dare.


Reason to Watch
  • I  am still shorting this stock.
Lesson Learnt:
  • See how similar A stock behave like the DJIA index?!
  • Last-minute rebound in A stock seems like a strong one. We will see how long it can last.
  • May have to cover soon if it start to show strength, together with the index rebound.
  • You can actually compare the weekly chart of A stock with the weekly chart of the DJIA weekly chart. You can't recognize which is which if I removed its label.
Intraday Chart




Historical Chart




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