Monday, 16 November 2015

[Bullish Setup] - Yangzijiang Shipbuilding (SGX: BS6)

I have been watching this ticker for quite some time after I exited my position. There seems to be a long opportunity and I will be watching it closely today.

Entry: $1.165
Stop Loss: $1.12
Take Profit: $1.23

RRR: 1.55

Always remember to give the market some time to adjust itself and not to jump in right as the market opens because there is a potential that your entry might be triggered not by actual shift in momentum, but by marginal investors adjusting their position.

As always, happy trading.



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