Hello Traders,
Wow.. what a reversal!
July gapped up in the morning and went all the way to 1612. Initially I wanted to take profit there and considered turning short. But with the strong Monday rally fresh in my mind, I decided against it and cancelled my order. Price started reversing and took out our break even stop loss at 1601.50.
I did not take any trades after that so I missed the down move. But it is ok. with the Felda listing today, the volume was very low in the morning on the index linked stocks. I think I would rather sit out for today and wait for market to resume normal trading again next week.
I'll come back to update again later if there is anything urgent.
Best Wishes,
Tech Trader
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